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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Western Union Company | NYSE:WU | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-1.01 | -7.79% | 11.96 | 12.27 | 11.85 | 12.05 | 15,136,851 | 01:00:00 |
Moreover, stiff competition and a weak global economy is taking a toll on its performance. Western Union is facing compliance-related issues, particularly those linked to its Southwest Border agreement. It has also recently witnessed challenges in its core retail money transfer business in certain key markets.
The company is also facing strong competition from electronic channels of money transfer. On the other hand, Western Union is also facing management issues. Given a host of headwinds, we expect the stock to remain under pressure in the near term.
WESTERN UNION (WU): Free Stock Analysis Report
To read this article on Zacks.com click here.
1 Year Western Union Chart |
1 Month Western Union Chart |
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