Fiserv Inc. Stock Falls Friday, Underperforms Market
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Shares of Fiserv Inc. (FISV) slid 6.51% to $97.92 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 3.63% to 4,131.93 and Dow Jones Industrial Average falling 2.77% to 32,977.21. The stock's fall snapped a two-day winning streak. Fiserv Inc. closed $23.87 short of its 52-week high ($121.79), which the company reached on May 3rd.
The stock underperformed when compared to some of its competitors Friday, as Visa Inc. Cl A (V) fell 3.41% to $213.13, Mastercard Inc. (MA) fell 4.08% to $363.38, and Fidelity National Information Services Inc. (FIS) fell 4.47% to $99.15. Trading volume (4.7 M) eclipsed its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 29, 2022.
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April 29, 2022 16:53 ET (20:53 GMT)
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