Xerox (XRX) Volatility Elevated as Shares Hover Near Session Lows

Xerox Corp. (NYSE: XRX) volatility is up Thursday as shares continue to track lower on the session.

Market data has implied volatility up 9 percent from Wednesday's close and 115 percent over its annual historical average.

Xerox saw only a slight pop higher Wednesday following the announcement it will acquire wireless telecommunication firm WDS.

Shares are now down 3.3 percent on the session.

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