This Tech Stock Is Down 30% From Its All-Time Highs: Is Now the Time to Buy?
When an e-commerce company suspects fraud in a purchase order, the quick fix is for it to deny the order. That, though, can lead to some genuine orders getting denied, which results in lost revenue and angry customers. Riskified's (NYSE: RSKD) tools for detecting fraudulent activity allow its e-commerce company clients to accept more orders while minimizing the risk of fraud.
Riskified's AI-based risk management platform is designed to provide a margin of safety for its clients while making e-commerce (in the company's words) "safe, accessible, and frictionless." With its stock trading down 30% from its all-time high, now could be the right time to invest.
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Source Fool.com
