Fiserv, Inc. (NASDAQ:FISV) is a global provider of financial services technology. The company offers a wide range of services, including payment processing, risk management, and data analytics. Fiserv competes with other financial technology firms like Fidelity National Information Services and Global Payments. The company is now expected to go public on the NASDAQ, a significant move in its corporate journey.
The Schall Law Firm has launched an investigation into Fiserv for potential securities law violations. This investigation focuses on whether Fiserv issued false or misleading statements and failed to disclose important information to investors. This scrutiny comes after Fiserv's disappointing third-quarter earnings report on October 29, 2025, which led to a significant cut in its financial outlook.
Fiserv's CEO admitted that previous forecasts were based on overly optimistic assumptions. These assumptions included exceptional business volume growth and record sales activity, which were difficult to achieve even with substantial investment and strong execution. This admission led to a dramatic 43% drop in Fiserv's stock price on the same day.
Currently, Fiserv's stock is priced at $114.23 on the NASDAQ. Today, the stock has fluctuated between a low of $112.54 and a high of $114.23. Over the past year, the stock has seen a high of $188.85 and a low of $109.115. The company's market capitalization stands at approximately $116.2 billion.
Today's trading volume for FISV is 20,051,164 shares. This high trading volume indicates significant investor interest, possibly due to the ongoing investigation and recent financial developments. Investors are closely watching Fiserv's next moves as the company navigates these challenges.