Sysco Corporation (SYY)

Sysco Corporation (SYY)

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Sysco Corporation (SYY) Profile

Sysco Corporation (SYY.xnys) is an American multinational food and non-food services and products corporation headquartered in Texas, the United States. Sysco and SYGMA Network, a wholly-owned subsidiary, provide their products to approximately 330 distribution facilities, including restaurants, chefs, healthcare and educational facilities, hospitality businesses, and wholesale to other food-service companies in over 90 countries. Sysco Corporation (SYY.xnys) is traded on the New York Stock Exchange (NYSE), is a constituent of the Standard and Poor’s 500 Index (S&P-500), has a $41.69B (USD) market cap and $55.37B (USD) revenue. In the past two years of the pandemics, the company has cut off 9000 jobs and has paid up to $1B (USD) in lawsuit settlements for discrimination and fraudulent overcharges. However, Sysco’s Cutting Edge Solutions platform has been recently enriched with more new features, including Chef-Tested Menu Concepts. It is expected to contribute positively to the company’s revenue and, consequently, to its share price (SYY.xnys) performance in the global stock markets.

Sysco Corp (SYY.xnys): Trade a Contract for Difference (CFD) on SYY.xnys and speculate on the share price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset value (share price) without the need to purchase the actual stock. Investors are trading the difference in the value of security between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.

Holding cost
Trading hours in US Eastern Time
16:30 - 23:00
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Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as acciones, commodities, y foreign exchange, y índices.

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