why did fiserv stock drop more than 5% since Friday market closing?
10 replies (most recent on top)
Stock still down 25% from its high while well run companies have recovered well. Not seeing much positive change with new leadership, this might be a short run
Well their numbers s—ed, because they spend money faster than they make it. Look at how much money they spent on Employee tracking software in the last 6 months, or forcing the company to go to inefficient disparate process's that require more headcount. The leaders are running around doing fire drills, and buying the latest industry gadgets without having a clear vision of where they want to go or how they want to use this new tool.
Maybe the leadership should change the approach. Have a clear vision, and allow the associates, mangers, and directors run their teams to meet those goals. Instead of this toxic micromanagement, you hurt my feelings safe space c-ap that we all have now.
I think they’ll need to get well below the 40k employee threshold to give the stock a bounce. Expect movement soon
The stock wont be a performer for another couple of years. Until the merger jitters shake out. FB is known in the industry as a crook, which could also be showing in the stagnant performance from it.
Those who can do, those who can’t, reorg
Be prepared for some major layoffs and reorgs. Halfway thru the third quarter and the stock is tanking after second quarter earnings disappoint...The board is going to push for more cost savings fast.
Hopefully it goes lower so you can buy some more.
Its because earnings s—ed
Could be that they found out just how incompetent Frank is...
someone was saying that it will go beyond $125 by end of last week but is below $98!!!!!!!