Corpay - Rising Consumer Demand Fuels Momentum!
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Growth Driver: Corpay (CPAY) is a provider in the field of digital B2B payment solutions. The offerings include, among other things, automated payment processes, corporate credit cards, cross-border payments, currency and risk management, expense reporting, workforce lodging, and fleet solutions, with the close collaboration with Mastercard helping to gain additional market share. On February 4th, Corpay surprised in Q4 with a significant increase from $5.36 to $6.04, while the analyst consensus had been at $5.94. The company also exceeded revenue...
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