Western Union (WU) Soars 6.2%: Is Further Upside Left in the Stock?

Western Union (WU) shares soared 6.2% in the last trading session to close at $8.6. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 4.1% loss over the past four weeks.WU recorded a strong price rise on investor optimism following an interview with Bloomberg. CEO Devin McGranahan highlighted stablecoins as a growth area, facilitating faster, lower-cost cross-border money transfers and strengthening value stability in unstable mark ...