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FICO Stock Plummets to 374th in Trading Volume as Senator Calls for Antitrust Probe

Market BriefTuesday, Apr 8, 2025 7:55 pm ET
1min read

On April 8, 2025, fair isaac corporation (FICO) experienced a significant decline in trading volume, with a total turnover of $354 million, marking a 37.54% decrease from the previous day. This placed fico at the 374th position in terms of trading volume for the day, with its stock price dropping by 2.11%.

Senator Josh Hawley (R-Mo.) has called for the Department of Justice to investigate FICO over allegations of potentially anticompetitive behavior. Hawley has expressed concerns that FICO has exploited working Americans with its monopoly power, urging the DOJ to take action against the company's practices. This development has raised questions about the regulatory scrutiny FICO may face in the coming months, which could impact its stock performance.

Hawley's letter to the DOJ highlights the senator's belief that FICO's price increases have disproportionately affected borrowers, further fueling the call for an investigation into the company's business practices. The senator's actions have drawn attention to the potential regulatory risks that FICO may encounter, which could influence investor sentiment and stock price movements.

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Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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