Fidelity National Information Services (FIS) stock recently hit a 52-week low of $50.01, marking a 31.3% decline over the past year due to market volatility and company-specific challenges. Despite this, FIS announced a 10% dividend increase to $0.44 per share and Fidelity Investments is launching the Fidelity Digital Dollar stablecoin. Cantor Fitzgerald initiated coverage with an Overweight rating, and FIS appointed Anil Chakravarthy to its Board.
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Fidelity National Information Services stock hits 52-week low at $50.01
Fidelity National Information Services (FIS) stock recently hit a 52-week low of $50.01, marking a 31.3% decline over the past year due to market volatility and company-specific challenges. Despite this, FIS announced a 10% dividend increase to $0.44 per share and Fidelity Investments is launching the Fidelity Digital Dollar stablecoin. Cantor Fitzgerald initiated coverage with an Overweight rating, and FIS appointed Anil Chakravarthy to its Board.