BUZZ-ATM maker Diebold Nixdorf surges to record on S&P SmallCap inclusion

Reuters04-08
BUZZ-ATM maker <a href="https://laohu8.com/S/DBD">Diebold Nixdorf</a> surges to record on S&P SmallCap inclusion

** Automatic teller machine provider Diebold Nixdorf's DBD.N shares surge 9.9% to record high $85.99 early Weds ahead of joining the S&P SmallCap 600 index .SPCY on Fri

** Diebold to replace Sealed Air Corp SEE.N in SPCY effective Apr 10, S&P Dow Jones Indices announced late Tues

** Packing firm Sealed Air being acquired by private equity firm Clayton, Dubilier & Rice in a $10 bln deal expected to close Apr 9

** Ohio-based Diebold has ~34.8 mln shares outstanding for roughly $3 bln current market cap

** DBD shares recently up 5.8% at $82.82. Stock surpasses previous all-time intraday high of $84.46 achieved on Feb 26

** With move on the session, stock up 22% YTD and has more than doubled over the past 12 months

** 1 analyst rates the stock "strong buy", 2 others rate "buy" with PTs of $90, $100 and $100, per LSEG

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

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