Yes, it is advisable to monitor the news and performance of both Klarna and Shopify before making a trade in Adyen NV (ADYEN):
- Klarna: This company's growth, new product launches, strategic partnerships, and overall performance can influence Adyen's market position and revenue growth. Positive developments in Klarna's business, such as increased transaction volumes or successful IPO preparations, can be bullish for Adyen's prospects.
- Shopify: Any news related to Shopify's growth, new feature launches, or partnerships, especially with payment providers like Adyen, can impact Adyen's stock price. Additionally, Shopify's financial performance and market trends can provide insights into the overall e-commerce landscape, which affects Adyen's business.
In conclusion, keeping track of the news and developments from both Klarna and Shopify can help investors gauge the potential impact on Adyen's performance and make more informed trading decisions.