Why Fiserv Stock Is Plummeting Today

(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.

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Source Fool.com