The Latest Breaking News from Fidelity National Information Services

Fidelity National Information Services has trailed the broader market over the past year, yet analysts remain cautiously optimistic about its future prospects.

Fidelity National Information has trailed the S&P 500 Index over the past 52 weeks, and Wall Street analysts remain reasonably bullish about the stock’s future outlook.

Despite Fidelity National Information Services’ outperformance relative to the broader Dow Jones Industrials Average, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

Fidelity National Information Services provides processing services for banks and recordkeeping for investment firms. On Wednesday, it had four unusually active call options, two with volume of 16,000 or more. The buying suggests investors smell a bottom.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.03%. Stock indexes Wednesday settled with modest losses. The broader...

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Shares of Fortune 500 company Fidelity National Information Services (FIS) have slumped in price in double digits so far this year due to the broader market weakness. Given the surging market volatility and operational risks faced by the company, will FIS’ stock be able to regain momentum soon? Read more…