Western Union soars on Walmart partnership

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Western Union (WU.US) shares rose more than 3% as the money-movement firm announced a promising Walmart partnership. Western Union money transfer services will be available at Walmart locations nationwide (more than 4,700 Walmart stores), for both domestic and international transfers. money orders, and bill payments. The rollout is expected to begin in the spring.

Western Union (WU.US) stock launched today’s session with a bullish gap, climbing towards the 50% Fibonacci retracement of the early-2020 drop. One might notice some previous price reactions near Fibonacci levels. Share price jumped above 200-day and 50-day moving average as well. Source: xStation5

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