Why Fiserv Stock Rose 12.4% in June
Fiserv Inc. (NYSE: FI) had a strong month as its stock price rose 12.4% in June, according to S&P Global Market Intelligence. The stock is up about 23% year to date, trading at around $125 per share as of July 7.
The markets rallied overall last month as the S 500 was up 6.5%, the Dow Jones Industrial Average climbed 4.6%, and the Nasdaq Composite jumped 6.6% in June.
Fiserv is a fintech that provides the technology infrastructure that allows merchants to accept card-based payments and banks and other corporate clients to process transactions and payments.
Source Fool.com