Fiserv Inc. Stock Falls Monday, Underperforms Market

IEH Corp

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Information Technology : Electronic Equipment, Instruments & Components | Small Cap Blend

Company profile

IEH Corporation (IEH) designs, develops, and manufactures HYPERBOLOID sockets and printed circuit board (PCB) connectors for the military and aerospace industries. HYPERBOLOID technology is used in avionics platforms, military and commercial aerospace equipment, engine control systems, missiles and torpedoes, vehicular electronics, satellites and rocket launchers, medical devices, industrial and environmental controls, test equipment, pin grid array (PGA) socket and rugged applications. IEH serves customers in the United States and abroad, with sales in approximately 40 countries. IEH customers include defense contractors, commercial aerospace equipment manufacturers, medical device manufacturers, oil and gas exploration firms, and commercial space launch companies.

Fiserv Inc. Stock Falls Monday, Underperforms Market

4:53 pm ET June 13, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Fiserv Inc. (FISV) slipped 5.00% to $89.62 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 3.88% to 3,749.63 and Dow Jones Industrial Average falling 2.79% to 30,516.74. This was the stock's fourth consecutive day of losses. Fiserv Inc. closed $30.24 below its 52-week high ($119.86), which the company reached on August 19th.

The stock underperformed when compared to some of its competitors Monday, as Visa Inc. Cl A (V) fell 3.63% to $192.26, Mastercard Inc. (MA) fell 4.48% to $319.74, and Fidelity National Information Services Inc. (FIS) fell 2.90% to $94.96. Trading volume (4.8 M) eclipsed its 50-day average volume of 3.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 13, 2022.

(END) Dow Jones Newswires

June 13, 2022 16:53 ET (20:53 GMT)