What Happened?
Shares of financial technology company NCR Atleos (NYSE: NATL) fell 2.1% in the afternoon session after the major indices continued to retreat (Nasdaq -1.5%, S&P 500 -1.2%) amid profit-taking and renewed concerns about tariffs. The drop was in line with the wider market downturn, as major indexes like the S&P 500 and Nasdaq fell. Investor sentiment soured after the release of the ISM Manufacturing report, which indicated that manufacturing activity in the U.S. had contracted for the sixth consecutive month. Such data often raises concerns about the overall health of the economy, prompting investors to sell off stocks across various sectors.
The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy NCR Atleos? Access our full analysis report here, it’s free.
What Is The Market Telling Us
NCR Atleos’s shares are quite volatile and have had 15 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
The previous big move we wrote about was 11 days ago when the stock gained 5.1% on the news that the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
NCR Atleos is up 13.8% since the beginning of the year, and at $38.78 per share, it is trading close to its 52-week high of $40.30 from August 2025. Investors who bought $1,000 worth of NCR Atleos’s shares at the IPO in October 2023 would now be looking at an investment worth $1,686.
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