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Fiserve shares tank 40% after ‘shockingly bad’ earnings as new CEO shakes up leadership, yanks forecasts

Fiserve shares tank 40% after ‘shockingly bad’ earnings as new CEO shakes up leadership, yanks forecasts

The disappointing earnings highlight growing pressure on the fintech's core payments and merchant business, which has struggled to maintain momentum amid fierce competition and a slowdown in consumer spending.

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