NCR Corporation (NYSE:NCR) shares are trading higher on Wednesday following reports suggesting the company is in talks to merge its ATM business with Brink’s Co. (NYSE:BCO).
What To Know: Despite the news of the reports, Brink’s later released a statement denying the speculation. Despite this, shares still were up over 3%.
Also on Wednesday, the company announced that Michael D. Hayford is retiring as CEO following the successful separation of NCR into NCR Atleos and NCR Voyix, which is expected to happen on Oct. 16.
According to data from Benzinga Pro, the stock experienced above-average trading volume of 7.76 million shares compared to its average volume of 1.10 million.
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NCR Price Action: Shares of NCR were up 3.56% at $27.65 at the time of publication, according to Benzinga Pro.
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