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FIS stock sinks toward worst day since 2002 after ‘very disappointing’ earnings commentary

By: MarketWatch

November 03, 2022 at 09:46 AM EDT

Shares of Fidelity National Information Services Inc. were cratering 19.4% in Thursday morning trading and on track to have their worst day in more than two decades after the merchant-acquiring company delivered a downbeat outlook for its latest quarter.

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FIS stock sinks toward worst day since 2002 after ‘very disappointing’ earnings commentary