New York, Jan 15, 2026, 15:17 EST — Regular session
- Fiserv shares fell in afternoon trading, dragging behind the broader market’s rebound
- A shareholder-rights group announced it is probing the payments company following a securities class action
- New U.S. retail-sales and jobless-claims figures put consumer spending front and center as earnings season kicks off
Shares of Fiserv, Inc. dipped 0.8% to $66.97 on Thursday, retreating from Wednesday’s $67.50 close. The drop followed news that shareholder-rights firm Bragar Eagel & Squire is probing potential claims related to a securities class action. (GlobeNewswire)
The timing is crucial as investors seek clear signals on spending ahead of earnings season, with payment processors often reacting to such data. U.S. retail sales jumped 0.6% in November, surpassing forecasts, while “core” sales — which exclude some volatile items — rose 0.4%. (Reuters)
Weekly initial jobless claims dropped to a seasonally adjusted 198,000, though economists warned of distortions from year-end adjustments. Nancy Vanden Houten, lead U.S. economist at Oxford Economics, told Reuters the labor market “is one of at least stable labor market conditions.” (Reuters)
Fiserv slipped while the S&P 500 and Nasdaq edged up, as financial stocks stayed jittery over a potential cap on credit-card interest rates. Payment firms mostly declined: Fidelity National Information Services dropped roughly 1.5%, Global Payments lost 2.1%, PayPal fell 1.7%, Visa dipped 0.8%, and Mastercard shed about 1.4%. (Reuters)
The Bragar statement referenced a class action filed on Nov. 4, 2025, covering investors between July 23, 2025, and Oct. 29, 2025. The suit zeroes in on Fiserv’s 2025 outlook revisions, specifically a July update that plaintiffs claim was based on flawed data, according to Payments Dive. (Payments Dive)
The lawsuit piles on after a tough run for Fiserv’s stock. Back in late October, shares fell almost 42% following a quarterly report that missed estimates and yet another cut to the growth forecast, Reuters reported. Truist analyst Matthew Coad remarked then, “we are struggling to recall a miss and guide down to this degree.” (Reuters)
Fiserv is steering the focus back to products and execution. On Jan. 8, it revealed a strategic partnership with Microsoft to integrate AI tools into its development platforms and roll out Microsoft 365 Copilot across its staff. Vice Chairman Guy Chiarello described the move as “transforming how Fiserv delivers the next generation of innovation for our clients.” (Fiserv, Inc.)
Just one day on, Fiserv rolled out “Unknown Shopper,” a new analytics tool designed to help merchants extract insights from card-present transactions. “Unknown Shopper allows merchants to translate in-store transaction data into meaningful insights and customer segments,” said Chief Data Officer Prasanna Dhore in the company’s announcement. (Fiserv, Inc.)
Legal headlines can still weigh on sentiment just as a stock attempts to find its footing. A fresh shift in outlook, or signs that a softer consumer environment is hitting merchant volume, would put investor patience to the test.
Fiserv’s next quarterly report is expected around Feb. 4, according to Nasdaq’s earnings calendar algorithm. Investors will be keen to see updates on merchant trends and the momentum of Clover, while also gauging if management can steer clear of another credibility hit on guidance. (Nasdaq)
