Shares of VeriFone (PAY -18.2%) are down sharply following a FQ2 miss and a trimming of FQ3...

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

Shares of VeriFone (PAY -18.2%) are down sharply following a FQ2 miss and a trimming of FQ3 guidance. The general take on the company is that it's spinning its wheel a bit as it looks for a new CEO and tries to transition to more services amid slumping margins and slipping market share.