Wednesday, March 17, 1999
TRISTATE MARKET SPOTLIGHT
Convergys advances 13% in a day
Convergys Corp. recovered Tuesday from two days of losses to gain almost 13 percent. The company, spun off last year by Cincinnati Bell, gained $1.871/2 to close at $16.433/4, after hitting $17 earlier in the day.
The company didn't release any news Tuesday to move the stock, which was traded more heavily than its 13-week average of 797,527, with 1,161,400 shares changing hands.
Convergys provides billing and customer management solutions. Late last week, it announced a four-year contract with DirecTV.
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TRISTATE BUSINESS SUMMARY
TRISTATE MARKET SPOTLIGHT
