Reported about 22 hours ago
Fiserv, a fintech firm, saw its shares drop over 40% following third-quarter earnings that missed analysts' expectations and a significant reduction in its 2025 revenue growth guidance. The company, which offers payments processing and digital banking, announced new leadership including a new CFO and a plan to move its stock listing to Nasdaq. This decline marks a substantial loss for its shareholders, with shares down nearly two-thirds since the beginning of the year.
Source: YAHOO