Shift4 Payments Faces Business Risk Due to Limited Voting Rights of Preferred Stockholders

Shift4 Payments, Inc. (FOUR) has disclosed a new risk, in the Share Price & Shareholder Rights category.

Shift4 Payments, Inc. faces a business risk due to the limited voting rights associated with its Preferred Stock. This stock does not allow holders to vote on most matters that Class A common stockholders can, such as the general election of directors. Preferred stockholders can only vote in specific situations, like if dividends are in arrears for six or more periods. Consequently, these restrictions may not provide preferred stockholders with significant protection for their investments.

Overall, Wall Street has a Strong Buy consensus rating on FOUR stock based on 15 Buys and 5 Holds.

To learn more about Shift4 Payments, Inc.’s risk factors, click here.