Why the stock drops on good news. What am I missing
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https://www.marketbeat.com/stocks/NASDAQ/FISV/insider-trades/ -This site is an interesting read
Here is what you are missing : A brain, because you are still there.
Free cash flow is flat despite inflation. The stock fell to reflect the decline in the net present value of cash returned to investors.
Below $100 ! Ha….you brainless tools
Here is what you are missing:
FISV sucks
This always happens
For what it's worth, this happens to companies' stocks sometimes follow earnings. It's not unheard of for a company's stock to drop a bit the day after an earnings beat or some other good news coming out of an earnings report. That being said, FISV is a stock I would avoid regardless.
Free cash flow
Because investors are catching on to Frank's little scam and are tired of the same old song and dance.