FISV - Fiserv: What's Making This Financial Technology Company Click In 2020
A financial technology company, Fiserv (FISV), has been on a bumpy ride in 2020. The stock was punished in March 2020, along with the overall market. However, investors seem to have realized their mistake and identified the company’s long-term potential. The stock has recovered much of its losses and is now 43.88% above its 52-week low of $73.50. Despite this, Fiserv last closed at $109.55 on June 5, 5.26% down on a YTD (year-to-date) basis.
Fiserv has reported healthy financial performance in the first quarter. While the company’s first-quarter revenues of $3.77 billion fell short