Xerox shares surge 11.77% intraday after Quocirca names company and Lexmark as 2025 MPS leaders.

Xerox Holdings Corporation (XRX) surged 11.77% intraday after Quocirca, a global market research firm, named the company a leader in its 2025 Managed Print Services (MPS) Landscape report. The recognition highlights Xerox’s 16th consecutive leadership designation in MPS and underscores the combined strength of Xerox and newly acquired Lexmark, now termed a "new powerhouse in the print industry." The report emphasized Xerox’s cloud-first approach, AI-driven automation, and sustainability initiatives, while Lexmark’s global IoT infrastructure and predictive analytics further bolster the integrated offering. Quocirca noted that the merger enhances clients’ access to a broader portfolio of print and digital solutions, addressing workplace transformation and security needs. This validation of Xerox’s market position and post-merger capabilities likely drove the sharp intraday rally, reflecting investor confidence in the company’s strategic direction and competitive edge in the MPS sector.