Xerox Corporation Common Stock (symbol: XRX) was one of the worst losers of
the trading day today (2016-04-25), losing -13.34%. The number of shares
that changed hands was 35,345,916, or about 5 times the average daily
volume in the stock.
The closing price was $9.68, amounting to a market cap of $9,800,000,000,
about -18.52% off the highest price in the last 12 months. The stock has
been trading at a range between $8.48 and $11.88.
XRX is in the Business Services industry, part of the Miscellaneous sector.
Looking at its valuation, the stock is now trading at 23.16 times earnings.
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