Experian Stock Rises on Strong U.S. Consumer Growth
The information company said first-half revenue jumped 7% to $2.5 billion, partly because of its consumer services business, and narrowed its full-year guidance. Experian’s stock has climbed 28% this year, outperforming the U.K.’s FTSE 100, which has edged up 9%. Stronger demand for the data that Experian crunches for corporate lenders seeking to mitigate risk and consumers monitoring their credit scores, has helped the shares higher.