Street Uses Blackstone Investment In NCR Corp To Exit Stock

NCR Corp

shares are trading lower by $0.11 at $26.67 in Thursday's session. The issue reached $27.80 off the open after Blackstone announced at 15 percent stake in the company. Since August the issue has found major resistance near the $28 level, making several attempts to clear that level but not being able to. The recent attempt was on September 16 and 17 when it put in a pair of highs at $27.95. The ensuing decline is attempting to find support ahead of the matching lows from Tuesday and Wednesday at $26.40, only reaching $26.60 and attempting to rebound.

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