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Here's Why Fair Isaac Is Jumping Higher Today


The stock market was having a modestly strong day on Friday, with the Dow Jones Industrial Average flat and both the S&P 500 and Nasdaq up by less than 1% as of 2:20 p.m. ET. However, Fair Isaac (NYSE: FICO), the financial technology company behind the widely used FICO credit scoring model, was a major outperformer, with shares up by nearly 13%.

Since we're now well into earnings season, you might have guessed that is what's fueling the move today.

Image source: Getty Images.

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Source Fool.com

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