Fiserv Slumps 1.24% as Sector-Wide Selloff Drives 279th Dollar Volume Rank in U.S. Equity Trade

. 15, , ranking 279th among U.S. equities by dollar volume. The decline came amid a broader market selloff in financial technology sectors, driven by concerns over regulatory scrutiny and rising cybersecurity costs.

Analysts noted that the stock's performance was primarily influenced by sector-wide headwinds rather than firm-specific developments. Recent reports highlighted intensifying competition in digital banking solutions and delayed regulatory approvals for key partnerships, which collectively weighed on investor sentiment. , suggesting macroeconomic factors played a dominant role in the move.

To run this back-test rigorously I’ll need to pin down a few practical details: 1. Stock universe • Do you want to consider all U.S. common stocks (tens of thousands), or a specific universe such as the Russell 3000, S&P 1500, or another list? 2. ? 3. ? 4. , re-balance daily? 5. ? 6. Risk controls (stop-loss, , etc.) • None by default, or would you like any simple rules applied? .