NCR Voyix Rallies 10% After Investors Shift on Turnaround Bets
NCR Voyix Corporation shares jumped Friday, with the retail-and-restaurant commerce tech company catching a bid after a rocky run. VYX ended at $7.85, up 10.25%. About 3.97 million shares traded, with the price swinging from just below $7 to over $8.40 during the session, market data showed. The gain stood out against quieter moves in the main indexes: SPY added 0.57%, QQQ was up 0.59%, and IWM climbed 0.92%. The rally is key for NCR Voyix’s stock price, since investors still see the name as a turnaround and execution play instead of a straight growth stock. In its latest quarter, NCR Voyix posted $606 million in first-quarter revenue, off a bit from $612 million a year ago. Net loss from continuing operations narrowed to $2 million, compared to a $21 million loss last year. Adjusted EBITDA came in at $78 million, up from $74 million. That adjusted number, which excludes things like interest, taxes, depreciation, amortization, and some special items, is a key measure investors look at for operating profitability.
