VeriFone (PAY -9.4%) slumps after Square lands a potentially game-changing deal (I, II) to see...

|About: VeriFone Systems, Inc. (PAY)|By:, SA News Editor

VeriFone (PAY -9.4%) slumps after Square lands a potentially game-changing deal (I, II) to see its form of mobile payments used at 7K Starbucks locations. The company was also hit with a downgrade to Neutral from Buy by UBS with catalysts looking played out.