With a market cap of $27.9 billion, Fiserv, Inc. (FISV) is a global provider of payments and financial services technology solutions. The company operates through two segments: Merchant Solutions and Financial Solutions, offering services such as merchant acquiring, digital commerce, mobile payments, fraud protection, card processing, and digital banking solutions.
Shares of the Milwaukee, Wisconsin-based company have lagged behind the broader market over the past 52 weeks. FISV stock has fallen 61.5% over this time frame, while the broader S&P 500 Index ($SPX) has returned 21.6%. Moreover, shares of the company are down 23.5% on a YTD basis, compared to SPX’s 13.5% gain.