HomeInvestingEarningsXerox (XRX) Stock Price Down, New Vs Old Tech
Xerox (XRX) Stock Price Down, New Vs Old Tech

Xerox Holdings (XRX) stock price dropped after an unexpected first-quarter earnings report loss. The data indicated -$0.12 in EPS and $1.67B in revenue. The Xerox company is down to a $2.5B valuation. George Tsilis joins Alex Coffey and Jenny Horne to discuss the idea of printing and the stay-at-home trend. “When it comes to equipment sales and leases, Xerox revenue is moving in the wrong direction,” says Tsilis. What is the difference between companies like Adobe (ADBE) and DocuSign (DOCU) versus Xerox (XRX)? Is there a new market shift between new tech and old technology?

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