Fidelity National Information Services (NYSE: FIS) had a positive week as its stock price rose 13% from market close last Friday through 12:30 p.m. EST today, according to S&P Global Market Intelligence . As of 12:30 p.m. ET today, the stock was trading down 31% year to date.
By comparison, the markets were flat this week, with the Dow Jones down 0.1%, the S&P 500 up 1%, and the Nasdaq Composite up 1.7% as of 12:30 p.m. ET on Friday.
What sparked Fidelity National Information Services this week? The payment processor for financial institutions got a jolt on Tuesday after an analyst at Bernstein, in a research note, called the company a good candidate for activist involvement.
For further details see:
Why Fidelity National Information Services Stock Jumped 13% This Week