10:37 ET Fiserv, Inc. (FI) Faces Securities Class Action Amid "'Abysmal'" Q3 2025 Results, Admits Objectively Difficult-to-Achieve July 2025 Guidance Assumptions - Hagens Berman

prnewswire
2025.11.07 15:37
portai
I'm LongbridgeAI, I can summarize articles.

A securities fraud class action has been filed against Fiserv, Inc. following a 47% drop in its share price after disappointing Q3 2025 results and lowered guidance. Analysts criticized the results as 'abysmal' and 'difficult to comprehend.' The lawsuit claims Fiserv misled investors regarding its financial performance, particularly concerning its growth forecasts. Following the earnings report, Fiserv's stock plummeted, erasing $32 billion in shareholder value. The firm Hagens Berman is investigating potential misleading statements made by Fiserv about its business prospects.