— Jeff Ward, Lehigh Valley News Briefs
Update: The closing price of Shift4: $99.12, down $5.79.
Shift4 Payments, a processor of transactions for retailers, sports teams and other businesses, will report third-quarter earnings Tuesday before the market opens.
The Upper Saucon Township-based financial-technology company will hold a conference call at 8:30 a.m. Tuesday to discuss results.
Shares of Shift4 (NYSE:FOUR) have been rising steadily, and at 2:02 p.m. Monday, were trading at $105.73, touching a 52-week high of $106.10 earlier. The company’s market capitalization is about $9.4 billion.
Chief Executive Jared Isaacman founded what is now Shift4 in 1999 at his family home in New Jersey. He was 16.
— Disclosure: I own shares in Shift4 as part of a buy-and-hold strategy.