Alert: Major Price Advance (8/13/24)-Unisys Corp (NYSE: UIS).

Unisys Corp (NYSE: UIS) stock closed at $4.26 on 8/13/24 after a major increase of 14.8%. Moreover, unusually high trading volume at 188% of normal accompanied the advance. The stock has risen 3.6% during the last week but has been extremely weak relative to the market over the last nine months.

UIS is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
Unisys is currently unrated.
The stock is currently unrated.