Broadridge Financial Solutions (NYSE:BR) has acquired CQG to expand its digital asset trading capabilities and launched a Mortgage-Backed Securities Trade Assignment Portal (TAP) in Japan. The company has also refreshed its Board of Directors. Despite a recent decline in stock price, Simply Wall St suggests a significant valuation gap, with shares potentially trading 46.9% below fair value, hinting at a potential buying opportunity for investors.
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Broadridge Extends Trading Reach And Refreshes Board As Valuation Gap Widens
Broadridge Financial Solutions (NYSE:BR) has acquired CQG to expand its digital asset trading capabilities and launched a Mortgage-Backed Securities Trade Assignment Portal (TAP) in Japan. The company has also refreshed its Board of Directors. Despite a recent decline in stock price, Simply Wall St suggests a significant valuation gap, with shares potentially trading 46.9% below fair value, hinting at a potential buying opportunity for investors.