Why Fiserv (FI) Stock Crashed Yesterday

We recently compiled a list of the Traders Flee These 10 Stocks Today. In this article, we are going to take a look at where Fiserv, Inc. (NYSE:FI) stands against other stocks that crashed yesterday.

Wall Street’s main indices ended mixed on Thursday as investors continued to digest a series of first-quarter earnings and key economic data.

Among the three indices, only the Nasdaq registered losses, down 0.18 percent. In contrast, the Dow Jones grew by 0.65 percent while the S&P 500 rose by 0.41 percent.

Meanwhile, 10 companies registered hefty losses during the session, battered by a flurry of negative news, missed estimates, and a weak outlook for the rest of the year. In this article, let us explore the 10 companies that lag in performance and identify the reasons behind their decline.

To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume.

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Fiserv, Inc. (NYSE:FI)

Shares of Fiserv Inc. fell by 16.19 percent on Thursday to close at $159.13 apiece as investor sentiment was dented by announcements that its Clover point-of-sale platform is expected to remain flat.

According to Fiserv, Inc. (NYSE:FI) Chief Finance Officer Robert Hau, growth from its Clover platform is expected to be “generally similar” due to its existing clients converting to the Clover gateway platform last year, which is not repeatable.

“So we had a gateway that was non-Clover for clients that we converted over to the Clover Gateway… that doesn’t repeat this year,” he said.

Fiserv, Inc. (NYSE:FI) is a multinational company providing financial technology and services to clients such as solutions for banking, global commerce, merchant acquiring, billing and payments, and point-of-sale.

In the first quarter of the year, the company said attributable net income grew by 16 percent to $851 million from $735 million in the same period last year.

Revenues increased by 5.06 percent to $5.130 billion from $4.883 billion year-on-year.

Overall, FI ranks first on our list of stocks that traders flee today. While we acknowledge the potential of FI as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FI but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.