Ncr Voyix Corporation shares rise 1.98% premarket after Fitch Ratings assigned 'BBB-' issue-level ratings on Block's new senior unsecured notes.

Ncr Voyix Corporation rose 1.98% in premarket trading. Fitch Ratings assigned 'BBB-' issue-level ratings on new senior unsecured notes being issued by Block, Inc., with proceeds expected to be used for general corporate purposes. Fitch's Positive Rating Outlook reflects expectations of continued robust earnings growth and lower leverage over the next few years, which could strengthen the company's position relative to its historic financial profile.