- Fidelity National Information Services (FIS) falls 9.87% daily, currently operating at $ 73.66.
- FIS obtained 2.60 billion dollars, below market estimates.
The values of Fidelity National Information Services (FIS) reached a minimum of more than nine months at $ 67.55, finding buyers who carried the price of the action to a daily maximum at $ 75.00. At this time, Fis quotes at $ 74.41, losing 9.87% today.
FIS titles sink after a disappointing quarterly report
The company specialized in providing financial technological solutions, Fidelity National Information Services (FIS), presents a drop on Tuesday of 9.87% in the price of its shares, reaching a minimum not seen since May 1, 2024 in 67.55 $.
FIS obtained income for 2.6 billion dollars below 2.63 billion dollars, as well as an share of $ 1.40, above the $ 1,359 expected by analysts.
This fall is due to the reduction of income forecasts for the first quarter of 2025, placing them in a range between 2,490 and 2,510 billion dollars, below 2,570 billion dollars expected by the consensus of analysts.
Technical levels of Fidelity National Information Services
FIS’s shares reacted down from a resistance given by the maximum of February 7 at $ 83.91. The key support area is observed at $ 67.55, pivot point of February 11.
FIS 4 hours chart
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
