Fiserv, FIS stocks claw back as SVB, Signature Bank exposure dubbed 'minimal'

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Shares of Fiserv Inc. and Fidelity National Information Services Inc. rebounded Tuesday as concerns about their regional-bank exposure appeared to relax.

Shares of Fiserv Inc. and Fidelity National Information Services Inc. rebounded Tuesday as concerns about their regional-bank exposure appeared to ease.

Fiserv shares FISV ended the session up 6%, snapping a six-session losing streak. The stock had lost nearly 7% in Monday’s session alone. Mizuho’s Dan Dolev chimed in on Fiserv, saying in a Monday afternoon note that he saw “minimal” Silicon Valley Bank exposure for the company.

 

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