Co-movers

daily closes · 501dMethod

Moved together

WUwithV

×0.23co-movement · V on WU · 501d

r 0.36scale to r 0.75

Shared co-movers2with WUwith V

CPAYCorpay, Inc.r 0.41r 0.52

GPNGlobal Payments Incr 0.39r 0.55

WU, solidV, hatched× = co-movement · βr = correlationBar = r to r 0.75Order: weaker of A and BSource: daily closes

WUWestern Union Co

6.87−2.08%· post 6.81

Mkt cap$2.2BRevenue$971MQ3 FY26Revenue$3.9BFY25

VVisa Inc.

422.89+0.07%· post 422.28

ClosedNov 6 '26

Mkt cap$759.3BRevenue$12.1BQ4 FY26Revenue$45.9BFY26

vs

Compare

ClosedNov 6 '26

WUWestern Union Co

vs

VVisa Inc.

6.87−2.08%post 6.81

Price

422.89+0.07%post 422.28

$2.2B

Mkt cap

$759.3B

Q3 FY26$971M

Revenue

$12.1BQ4 FY26

FY25$3.9B

Revenue

$45.9BFY26

WU compared with V: revenue, margins and what each company keeps, and the suppliers and customers both name