Reported 3 days ago
Jim Cramer recently discussed Fiserv, Inc. (FI), an American financial technology company, noting its significant stock decline of 32% year-to-date, primarily due to disappointing revenue growth projections. The company’s stock dropped notably after it cut its full-year organic growth outlook from 10-12% to 10%, causing investor dissatisfaction. Cramer expressed surprise at the company's struggles, contrasting it with more predictable performances from other tech firms.
Source: YAHOO