
Fiserv Shares Plunge 47% After Shock Earnings Miss Baffles Wall Street

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Fiserv shares fell 47% following a significant Q3 earnings miss and a lowered full-year outlook, surprising analysts. The company's margins decreased sharply, with a 3% drop in revenue from its financial-solutions unit. Analysts described the results as "impossible to sugarcoat," raising concerns about the competitiveness of its Clover business.
