Bob holds a meeting with an analyst and the stock goes down $30, Mike holds an earnings call and was unprepared and stock goes down $30.
Frank would never of allowed that to happen. Mike you have to perform quarter over to get us back to 230. Bob biggest suprise was your bungling of a meeting with analysts on Clover growth.
Some people want everything don’t they. Wfh, no badge Out, no sapience and a high share price! Just be happy you’re in a job where things are being better and that you’re alive
Fra-k sc--wed Fiserv like he sc--wed FD. We are now second data, with the receipts to match.
@OP+1jxhxsdtc what size rock have you been living under?! Thanks for the laugh!
Ayyyy where's the 40% homie at? Not doing so well now that Frankie isn't pumping that stock from behind huh? 🤣🤣🤣
Oh no! There was no one left to layoff and we don't didn't buy back stock!
Fk Frank.. good riddance.
The fact that you think Mike and Bob have anything to do with the mess Frank left besides cleaning it up is hilarious.
Frank gutted the company to get us to that price, Mike cares about people and if it means a lesser share price, so damn be it!
It's hilarious you think 230 was a legitimate price that would hold ground.
Frank doesn’t have an honest bone in his body. Be lucky the new CEO, hand-picked by Frank has enough morals to be somewhat ethical. Maybe he can change the company, but boy did Frank do a good job ruining it and then running.
@a4 FB spiritually bankrupted the company and we have won the equivalent of the razzys for all cores officially.
If anything it is a miracle the stock hasn't imploded faster as it recovers from FBs ponzi.
OP = 40% Karen, I think. Well, formerly 40%, lol.
@OP+1jxhxsdtc you are obviously clueless to the happenings the last few years and current. Do your research and due diligence.
Guaranteed you will be singing a different tune.
FB juiced the stock price by gutting the company with an unending cycle of layoffs. It was wholly unsustainable.
The CEO and CFO really had no alternative other than to give their best estimate of future earnings. If the company's forward-looking guidance doesn't match reality, stock analysts will recommend selling or at best holding. Institutional investors will also sell. All that sell-pressure drives the stock price down.
@a4 this 100%
I'm sorry , but the stock was at 177 when Frank was still CEO in April. So it was while Frank's hands were still on the wheel when it dropped from 235 to 177.
The market dropped after someone finally had the ba--s to mention that Clover was not rainbows and kitty cats. That tells me that 235 was a lie because Frank didn't want anyone to be honest about the prospects of Clover. The market corrected after Frank's departure because now we have a leader that doesn't want to hide the dirty laundry.
The stock is up 10% since the market found out about Clover. It's not much, but it's better than the stock losing 25% of its value in the last 3 months of Frank's tenure.
Frank was a conman. It's clear to 90% of the employees. He destroys a company to boost the stock price, then he jumps ship. He did it with First Data, and he tried to do it with Fiserv. He was just a little too late jumping ship this time.