Fiserv (FI) Stock Plummets Nearly 15% in Wednesday Morning Trade
NEW YORK, USA – Shares of Fiserv Inc. (NYSE: FI) experienced a sharp downturn during morning trading on Wednesday, April 24th. The financial technology company saw significant selling pressure, leading to a double-digit percentage decline in its stock value.
As of 10:53 AM Eastern Daylight Time (GMT-4), Fiserv stock was trading at 184.69 USD. This price represented a steep drop of -32.41 USD, equating to a -14.93 percent decrease for the trading session thus far.
The negative trend was evident from the market open. FI shares began the day at 193.04 USD, already below the previous close. The stock reached an intraday high of 198.68 USD early in the session before succumbing to heavy selling, hitting a low of 179.82 USD.
This performance marks a substantial decline from the previous day’s closing price of 217.10 USD, signaling strong negative sentiment among investors.
Key financial details available include a Price-to-Earnings (P/E) ratio of 34.34. Fiserv currently does not offer a dividend yield to its shareholders.
The current trading price places Fiserv significantly off its 52-week high of 238.59 USD. The stock’s 52-week low is 146.25 USD. Today’s sharp drop brings the share price closer to the lower end of its annual trading range.
