Western Union plummets as downgraded to Neutral, downward FY22 guidance

Apr. 29, 2022 3:30 PM ETWUBy: Pranav Ghumatkar, SA News Editor
  • Western Union (WU -12.5%) stock slides as Q1 revenue of $1.2B declined 4% Y/Y on a reported basis, or 1% Y/Y on a constant currency basis excluding the contribution from Business Solutions.
  • Revenue was also impacted by a decline in retail

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