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Fiserv (FISV) Plunges 4.4% Amid Investor Sell-Off
Generated by AI AgentAinvest Movers Radar
Friday, Apr 4, 2025 8:02 am ET1min read
On April 4, 2025, Fiserv's stock experienced a 4.4% drop in pre-market trading, reflecting investor sentiment and market dynamics.
Fiserv, Inc. released its 2024 annual report on February 20, 2025, revealing a 7.14% increase in revenue to $20.456 billion and a net income of $3.18 billion, with earnings per share at $5.41. The company, founded in 1984 and headquartered in Wisconsin, is a leading global provider of financial services technology, serving banks, credit unions, and other
worldwide.Covington Investment Advisors Inc. reduced its holdings in
, Inc., which may have contributed to the stock's decline. Additionally, Inc. decreased its stake in Fiserv by 22.9% in the fourth quarter, further impacting investor confidence.Despite these setbacks, Fiserv's recent performance in the small business sector shows promise. The Fiserv Small Business Index reported a 6.2% increase in services, with growth observed across 44 states, particularly in the Southeast region. This positive trend may offer some reassurance to investors concerned about the company's recent stock performance.
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