Published on 29 May 2024 on Zacks via Yahoo Finance
Why Western Union (WU) Should be on Your Investment Radar
The Western Union Company WU is poised for growth, leveraging increasing transaction volumes and resilience in its Branded Digital business. The company's improving performance in Latin America, the Caribbean, South Asia and other regions further bolsters its growth prospects. Additionally, Western Union's operational margins and strong dividend yield present a compelling investment opportunity.
Headquartered in Denver, CO, WU is a leader in global money transfer. It currently has a market cap of $4.4 billion. Now, let’s take a look at its recent price performance to gauge investor sentiment toward the stock.
Price Performance