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Fiserv Plunges 14.54% on Revenue Miss, Growth Concerns
Generated by AI AgentAinvest Pre-Market Radar
Wednesday, Jul 23, 2025 7:53 am ET1min read
Aime SummaryOn July 23, 2025, Fiserv's stock experienced a significant drop of 14.54% in pre-market trading, marking a notable decline in investor sentiment.
Fiserv's stock price plummeted following the release of its second-quarter organic revenue figures, which fell short of market expectations. The payment technology company revised its full-year organic growth projections downward, citing challenges in revenue generation. This news has raised concerns among investors about the company's ability to maintain its growth trajectory.
In a strategic move,
has entered into an agreement with TD Bank Group to acquire a portion of TD's merchant processing business in Canada. This acquisition is part of a broader strategic partnership aimed at enhancing Fiserv's market presence and operational capabilities in the region. The financial details of the transaction have not been disclosed, but the deal is expected to strengthen Fiserv's position in the Canadian market.
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