@taskmaster4450le's thread

Fiserv shares rally to record on earnings beat, bullish revenue outlook

Shares of payments company Fiserv rose to a record on Wednesday after reporting better-than-expected earnings.

Shares of Fiserv jumped more than 7% on Wednesday to a record after the payments company reported better-than-expected fourth-quarter earnings and issued guidance that also topped estimates.

The stock closed at $229.53, exceeding its previous high reached in November, and is now up about 60% over the past year. Fiserv, which went public in 1986, provides digital payments technology to small businesses and financial institutions.

#fiserv #earnings #paymets