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

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines