Fiserv Shares’ Slump Worsens as Merchant Growth Misses

Fiserv Inc., a leading financial-technology company, experienced a significant drop in its stock price after reporting weaker-than-expected growth in its merchant business. The company's shares plunged following the release of its latest financial results, which revealed a slowdown in the performance of its merchant segment. The merchant business, which provides payment processing and other services to retailers and other merchants, is a crucial part of Fiserv's operations. The company's inability to maintain strong growth in this area has raised concerns among investors, leading to the sharp decline in its stock price. The article highlights the importance of the merchant business to Fiserv's overall performance and the impact that any slowdown in this segment can have on the company's financial standing. The article also suggests that investors are closely monitoring Fiserv's ability to drive growth and maintain its competitive edge in the rapidly evolving financial-technology landscape.