FIS shares plunge most since 2023 on disappointing revenue, guidance miss
Portfolio Pulse from
Fidelity National Information Services (FIS) experienced a significant drop in its stock price due to disappointing revenue and guidance, marking its worst market performance since 2023. The company attributed the poor results to challenging comparisons with the previous year.
February 11, 2025 | 7:45 pm
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Fidelity National Information Services (FIS) shares fell sharply due to disappointing revenue and guidance, attributed to tough prior year comparisons.
The significant drop in FIS shares is directly linked to the company's disappointing revenue and guidance, which were worse than expected. The company cited tough prior year comparisons as a reason, indicating that the market had higher expectations based on past performance. This news is highly relevant and important for investors as it directly impacts the stock price.
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IMPORTANCE 90
RELEVANCE 100