Did anyone see the Fiserv earning and subsequent drip of 44% in the stock price. FIS in sympathy is down 9%. Announcement off 100k of layoffs between the mag 7. Things are starting to fet real.
3 replies (most recent on top)
Fiserv news today sounds like FIS almost 3 years ago. A new CEO comes in and suddenly there are questions about company honesty in making projections, new CFO, new directors, renewed emphasis on client needs, etc. We're not using the term Future Forward anymore, maybe Fiserv can use it.
I was seeing that there may be fraud involved which is what fiserv tanked extra hard. Might actually be good for us...
Thelayoff page for $FI is on fire right now.