TSP Capital Triples Down on Western Union

TSP Capital Management recently increased its stake in Western Union, acquiring an additional 738,789 shares, bringing their total holdings to 1,091,864 shares, valued at $9.5 million. Despite the companys stock price dropping by 12.2% over the past year, TSP remains optimistic about Western Unions potential for growth. Western Union, a global money transfer service, generated $4 billion in revenue and $448.8 million in net income over the past year. TSPs investment in Western Union represents a 2.3% allocation of their assets under management. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b902dd61a77be6d8