FICO's Trading Volume Surges to $516 Million, Ranking 323rd Amid Antitrust Scrutiny
On April 4, 2025, Fair Isaac CorporationFICO-- (FICO) experienced a significant increase in trading volume, with a total turnover of $516 million, marking an 86.08% rise from the previous day. This surge placed FICOFICO-- at the 323rd position in terms of trading volume for the day. However, the stock price of FICO declined by 7.06%, marking the second consecutive day of decline, with a total decrease of 11.42% over the past two days.
Senator Josh Hawley has called for an antitrust investigation into FICO, citing the company's dominant market position in the U.S. credit scoring industry. Hawley has urged the Trump administration's Department of Justice to probe FICO for potential monopolistic practices, as the company holds nearly 90% of the market share in credit scoring.
Hawley's call for an antitrust investigation comes amid growing concerns over FICO's market dominance and its potential impact on competition and consumer choice. The senator's letter to the DOJ highlights the need for a thorough examination of FICO's business practices and their potential anti-competitive effects.
Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.
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