After Falling 33%, Equifax Is Still Overvalued - News Summed Up

After Falling 33%, Equifax Is Still Overvalued


Equifax is down 33%, falling from $143 to $96, since the news broke on September 7 that it had been hacked. But, the scale of the data breach is breathtaking. James Trefethen: The data breach has opened the company up for thousands of lawsuits. Equifax - like so many other US financial companies - has users agree to arbitration should they become financially hurt by the company. Trefethen: The company is quite old, starting out as Retail Credit Company in 1899.


Source: Forbes September 21, 2017 16:52 UTC



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