WEX Inc. common stock (WEX) News
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WEX News Highlights
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Latest WEX News From Around the Web
Below are the latest news stories about WEX INC that investors may wish to consider to help them evaluate WEX as an investment opportunity.
3 US Stocks Estimated To Be Trading At Up To 48.2% Below Intrinsic ValueWith major U.S. stock indexes poised to open lower, reflecting a continuation of recent declines, investors are increasingly seeking opportunities amidst market volatility. In this environment, identifying undervalued stocks becomes crucial, as these can potentially offer significant value relative to their intrinsic worth despite broader market challenges. |
Wex downgraded to Equal Weight from Overweight at BarclaysBarclays analyst Ramsey El-Assal downgraded Wex (WEX) to Equal Weight from Overweight with a price target of $200, down from $207. The firm awaits more clarity on the company’s “evolving growth algorithm” in both the Mobility and Corporate Payments segments. In Mobility, Barclays sees a more mature U.S. fuel card market driving lower growth over time, with more near-term unfavorable impacts from lower consumer spend and volatile fuel prices. Published first on TheFly – the ultimate source for re |
Barclays downgrades WEX, Marqeta on growth concernsInvesting.com -- Barclays downgraded Wex Inc (NYSE:WEX) and Marqeta Inc (NASDAQ:MQ) to equal weight from overweight, citing growth headwinds in both companies. |
WEX Announces Partnership with Qmerit for Commercial Fleets, EV Charger Installation at Drivers’ HomesPORTLAND, Maine, December 05, 2024--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced a nationwide partnership with EV charger installation provider Qmerit to streamline the installation of EV chargers at the homes of commercial fleet drivers. |
WEX (NYSE:WEX) Leverages Electric Vehicle Investments and AI for Future Growth PotentialWEX has demonstrated financial resilience with a 2% revenue increase to $665 million and a 7% rise in adjusted net income per diluted share, despite challenges in its Mobility segment due to declining fuel prices. The company is actively pursuing growth opportunities in the electric vehicle and hybrid solutions space, alongside investments in artificial intelligence to enhance operational efficiency. This report will delve into WEX's competitive advantages, challenges, future prospects, and... |
Discover 3 US Stocks That May Be Trading Below Estimated ValueAs the U.S. stock market experiences a pause in its recent rally, with technology shares leading a slight decline, investors are closely monitoring economic data and Federal Reserve signals for future direction. In such an environment, identifying stocks that may be trading below their estimated value can offer potential opportunities for those looking to capitalize on market fluctuations. |
WEX to Present at UBS Global Technology and AI ConferencePORTLAND, Maine, November 26, 2024--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that its Chair and Chief Executive Officer, Melissa Smith, will present at the UBS Global Technology and AI Conference on Tuesday, December 3, 2024, at approximately 12:50 PM ET. |
WEX Launches Two AI Pilots for Benefits AdministrationPORTLAND, Maine, November 25, 2024--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced a partnership with select employers to pilot two new artificial intelligence (AI) enhancements embedded within WEX’s benefits administration platform, My Benefit Express. Timed with open enrollment season and as industry pundits explore how AI can be successfully built for and leveraged within employee benefits, WEX announced the pilot launch of it |
WEX Unveils New Digital Solution to Enhance and Expand Medicare Advantage PlatformPORTLAND, Maine, November 21, 2024--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced the release of the WEX Medicare Advantage marketplace, a new digital shopping solution embedded within the member experience of its Medicare Advantage supplemental benefits platform. |
WEX and Holman Expand Partnership Across U.S. and CanadaPORTLAND, Maine, November 12, 2024--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced an expanded agreement with Holman, one of the largest integrated automotive service companies in North America, that extends the companies’ longstanding partnership through 2030. |