RTTNews | Jan 21, 2021 10:12AM EST

10:12 Thursday, January 21, 2021 (RTTNews.com) - Diebold Nixdorf, Inc. (DBD) shares are gaining more than 19 percent on Thursday morning trade, despite no specific corporate announcement on the day.

On Thursday, JPMorgan Chase & Co. has upgraded DBD from a 'neutral' to 'overweight' rating. The shares have been trading on a bullish trend since yesterday.

Currently, shares are at $13.00, up 16.28 percent from the previous close of $11.18. The shares have traded in a range of $2.80 to $13.60 on average volume of 819,679.

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