I missed who the biggest customer loss was? Didn't listen in on anything.
See from MarketWatch:
Fiserv Inc.’s stock is currently the biggest laggard in the S&P 500 Wednesday after the financial-technology company discussed the loss of a large processing customer during its earnings call and gave some more muted commentary around the current quarter than some were expecting.
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BOFA = Amazon
Look on the bright side.. with the 5% ESP discount we’ve all made about negative 12% return on our money this year. Hooray!!
That's really inspiring. Makes me really want to go out and get the worthless stock.
bofa really? You would have thought we are in so tight with them...using Merill for 401k, and who knows what else.
Stripe and soon bofa
Synchrony?
Sounds like FIS may have good employment opportunities....
There are a handful of other contracts that are not going to get renewed, including some of the mega banks that are moving away from Fiserv over the next two years for FIS. I guess cost cutting doesn't give confidence to investors!
I guess it was Stripe. Further down in the article.