Reported 2 days ago
Jack Henry & Associates (JKHY) has experienced a decline in its stock value, losing 17.83% over the past year, as highlighted in Conestoga Capital Advisors' third-quarter investor letter. The technology company, which provides financial services solutions, has faced pressures from industry-wide concerns such as growth in deposits and competition from AI software firms. Despite showing a short-term positive return of 1.75% in the last month, its performance has been overshadowed by broader market trends and specific challenges related to its larger clients.
Source: YAHOO