TransUnion's stock is experiencing an uptick today, potentially influenced by recent developments in the regulatory landscape. The Consumer Financial Protection Bureau (CFPB) announced a proposed rule on December 6, 2024, aimed at expanding the Fair Credit Reporting Act to include data brokers. This move could impact companies like TransUnion by limiting their ability to sell sensitive personal information. The proposed rule is designed to enhance consumer privacy and security, which may be perceived positively by investors as it aligns with growing concerns over data protection and regulatory compliance.
The current price of TransUnion (TRU) stock is $99.57, reflecting a 1.17% increase from its previous close of $98.42.