Why Nuvei Stock Fell Off a Cliff Today

Shares of Nuvei Corporation (NASDAQ: NVEI), a payment-processing company, were crumbling today after Spruce Point Capital Management, a short-seller, released a negative report about Nuvei. The tech stock had plummeted 39% as of 3:20 p.m. ET. 

Spruce Point wrote a long list of alleged problems with Nuvei, including:

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Source Fool.com