NCR Corporation Changes Name To NCR Voyix Corporation, Effective On October 13, 2023
Portfolio Pulse from Benzinga Newsdesk
NCR Corporation has announced a name change to NCR Voyix Corporation, effective from October 13, 2023. This is part of the company's plan to separate into two independent, publicly traded companies: NCR Voyix, focusing on digital commerce, and NCR Atleos, focusing on ATMs. The company's stock will start trading under the new ticker symbol 'VYX' on the New York Stock Exchange from October 17, 2023.
October 16, 2023 | 10:05 am
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NEUTRAL IMPACT
NCR Corporation's name change to NCR Voyix Corporation and the planned separation into two companies could potentially impact the company's stock in the short term.
The name change and planned separation into two companies could lead to uncertainty among investors, potentially impacting the stock price. However, the actual impact will depend on how well the company manages the transition and communicates with its shareholders.
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