IMXI

The past six months have seen several significant events impacting IMXI's stock price, largely centered around its pending acquisition by The Western Union Company, announced in August 2025, at $16.00 per share. In August 2026, Western Union and Intermex received approval from the New York State Department of Financial Services (NYDFS) for the acquisition, but the California Department of Financial Protection and Innovation (DFPI) suspended its earlier approval, citing a need for further review, which caused investor concern and a potential delay. On October 2, 2026, International Money Express and Western Union re-filed Premerger Notification and Report Forms under the HSR Act, initiating a new 30-day waiting period. The stock experienced a significant increase of +24.7% on August 14, 2026, following the New York approval, but investor sentiment deteriorated around September 24, 2026, leading to a 16% stock price decline. The stock has shown high volatility, typically moving 18% a week over the past three months, and as of early October 2026, its price had decreased by 16.68% in the last month and 15.69% in the last three months. International Money Express also reported weaker financial results for Q2 2026, with revenue falling to $131.2 million from $161.1 million in Q2 2025, and net income declining to $4.2 million from $11.0 million, with diluted EPS dropping to $0.14 from $0.37, attributed to a contraction in the retail remittance market, though partially offset by digital channel growth. Around September 16, 2026, consensus EPS estimates for fiscal year 2026 fell by 21%.