XRX Options to be Delisted Effective February 9
Options trading for Xerox (XRX) will be delisted starting February 9, meaning investors will no longer be able to trade derivatives linked to the company's stock. Xerox Holdings Corp, an industrial products company specializing in printing technology, faces significant financial challenges including a negative EPS, operational inefficiencies, and a high debt-to-equity ratio, placing it in the distress zone according to the Altman Z-Score. Despite some undervaluation suggested by P/S and P/B ratios, market sentiment is cautious, reflecting risks from declining demand for traditional printing and a competitive digital printing landscape.
https://www.gurufocus.com/news/8598226/xrx-options-to-be-delisted-effective-february-9