Fiserv (FI) Stock Plummets Over 18% in Steep Wednesday Sell-Off
Fiserv Inc (NYSE: FI), a prominent financial technology provider, experienced a dramatic downturn in its stock price during the trading session on Wednesday, April 24th. Shares tumbled significantly, marking a challenging day for the company in the United States market.
The stock closed the regular trading day at 176.90 USD, as recorded at 8:00 pm GMT-4. This closing price represented a substantial decline of -40.20 USD, translating to a precipitous -18.52% drop compared to the previous day’s close of 217.10 USD.
Trading activity throughout the day reflected intense selling pressure. Fiserv opened significantly lower at 193.04 USD. While it reached an intraday high of 198.68 USD, the stock fell sharply to a low of 176.24 USD, closing very near this bottom mark. The 1-day chart vividly shows a steep drop early in the session followed by continued downward pressure.
Following the close, there was a minor recovery in the after-hours market. Fiserv shares traded up to 178.39 USD, a gain of +1.49 USD or +0.84% from the official close.
Key financial metrics show Fiserv with a Price-to-Earnings (P/E) ratio of 32.89. The data indicates the company does not currently offer a dividend yield. Despite this significant drop, the closing price remains above the 52-week low of 146.25 USD, but it is now considerably further from the 52-week high of 238.59 USD.
