This Fintech Stock Dropped 40% to Lead S&P 500 Decliners Today. Here's Why.
Close Key Takeaways Fiserv shares are on pace for their worst day ever Wednesday after the fintech company released a disappointing earnings report and announced key leadership changes. Fiserv shares have lost nearly two-thirds of their value since the start of the year. Cheng Xin / Getty Images The Milwaukee-based company, which provides payments processing and digital banking services, reported adjusted earnings of $2.04 per share on revenue that grew 1% year-over-year to $5.26 billion. Analysts surveyed ...