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The Best And Worst Channel Company Stocks In The Third Quarter Of 2019

Sixteen of the 27 publicly held channel companies on our watch list saw the price of their stock price increase in the third quarter of 2019 – many by double-digit amounts. Take a look at whose shares recorded the biggest gains and losses.

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Unisys

CEO: Peter Altabef

June 28, 2019 Close: $9.72

Sept. 30, 2019 Close: $7.43

Change: -23.56%

For the first half of 2019 (ended June 30) Unisys reported revenue of $1.45 billion, up more than 5 percent from $1.38 billion in the first half of 2018. Net income for the six-month period was $6.8 million, down 85 percent from $44.4 million one year before.

The company will announce its third-quarter financial results on Oct. 29.

Unisys is No. 24 on the CRN Solution Provider 500.

 
 
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