Equifax Inc. is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data. It uses statistical techniques and software tools to analyze all available data, creating customized insights, decision-making solutions and processing services for its clients. It helps consumers understand, manage and protect their personal information and make more informed financial decisions. The Company also provides information, technology and services to support debt collections and recovery management.
80 a share by next week. I'm holding 100 put contracts at the 115 strike. Not closing just yet. Will wait for 80. Mark this post.
OMG when is the bleeding going to stop...Is it to late to Short? I thought after day 1 the selling would be over.. I'm going for it..
Im wondering if its time to be contrarian here. Sure, the news is terrible, and billion dollar lawsuits are coming, but what will the final outcome be? There is panic here, which means opportunity.
2 Executives resignation shows they made a mistake and it wasn't just "victim of hackers",execs being at fault = whole company at fault.
Sitting on the hack info for months, management selling before announcement, seems like serious ethics breech to me.
That is criminal imho! This company should be shut down. Someone Made a Fake Equifax Site. Then Equifax Linked to It. By MAGGIE ASTORSEPT. 20, 2017 https://www.nytimes.com/2017/09/20/business/equifax-fake-website.html
40% fall of EFX in response to the breach will have little impact on the company’s normalized earnings. Compelling long-term investment!
The entire industry will be overhauled, days of having no control over you own info while co's profit from it are coming to an end!!
I want to see that 115+ zone which was prior support. after that this will be on borrowed time in terms of being propped up.
Again? This is ridiculous. Source: https://www.cnbc.com/2017/10/12/equifax-says-it-might-have-been-breached-again.html
The stock was heading down already so just because it wasn't there breach doesn't mean it's still not going to sell off!! One Direction
These guys are in deep shit. The regulations that are going to hit this industry should shut them down after what happened.
Equifax – One Year Later This past Friday (Sept. 7th) marked the one year anniversary of the Equifax (EFX) data breach announcement. The breach, which exposed 143 million Americans’ personal information, sent EFX plummeting 37.23% from $142.72 to a low of $89.59 one week later. As you can see from the chart below, EFX has been steadily recovering since the lows made in the immediate aftermath of the breach announcement. At the close on Friday, EFX was sitting at a 52-week high of $135.91, only 5.13% from its level before the data breach was announced and 7.55% from its all time high. After the breach was announced, many wondered how EFX could ever recover, but at this point just one year later, it’s been all but forgotten by investors.