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