Fiserv Shares Edge Lower as Investors Watch for Turnaround Signs
Fiserv shares fell 0.8% to $55.94 in U.S. afternoon trading Thursday, underperforming the broader market and payments peers. The drop follows weak first-quarter results, with GAAP revenue down 2% and adjusted earnings per share off 16%. Investors await management’s next update at a June 2 conference. Fiserv’s market value stands near $30 billion.