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Why Fiserv Stock Is Plummeting Today

TheMotleyFool

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Why Fiserv Stock Is Plummeting Today: https://g.foolcdn.com/editorial/images/840258/gettyimages-155351397-copy.jpg

(NYSE: FI) stock is getting crushed in Wednesday's trading following a very disappointing quarterly report. The fintech company's share price has fallen 43.8% in the daily session as of 2:45 p.m. ET.

Fiserv reported its third-quarter results before the market opened this morning, and underperformance in the period shocked the market. In addition to showing weak Q3 numbers, the company lowered its full-year targets and announced some shakeups for its leadership team and board of directors.

Image source: Getty Images.

Source Fool.com