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
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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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