Shift4 Payments Inc is trading 5.2% down at $37.25 amid a broad sell-off in growth and tech-related names following stronger-than-expected U.S. jobs data.
- The move extends a multi-day slide from above $45, despite a lack of new company-specific headlines.
- Investors are rotating out of higher-valuation payment and fintech stocks as rising Treasury yields and Fed-hike expectations pressure growth-oriented shares.