Why i3 Verticals Stock Dropped Today

Key Points Management has high hopes for i3 Verticals' shift to a primarily software-as-a-service (SaaS) business model. Impatient investors are selling. 10 stocks we like better than I3 Verticals › Shares of i3 Verticals (NASDAQ: IIIV) sank on Monday after the software maker issued a conservative growth forecast for the year ahead. As of 3:30 p.m. EST, i3 Verticals' stock price was down more than 10% after declining as much as 24% earlier in the day. Image source: Getty Images. A shift toward s ...