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Why Unisys Stock Fell Sharply on Wednesday

·1-min read
Why Unisys Stock Fell Sharply on Wednesday
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The tech stock's sharp move lower was due to Unisys' worse-than-expected third-quarter results. On Tuesday afternoon, Unisys reported revenue and non-GAAP earnings per share that came in below analysts' average forecasts. The tech company's revenue declined from $495 million in the year-ago period to $488 million.

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