FICO Stock Hits Multi-Year Low: What's Happening?
Fair Isaac Corporation (NYSE: FICO) shares are plunging Tuesday morning as aggressive competitive pricing and mounting government pressure threaten the company's long-held monopoly over mortgage credit scoring.
FICO's stock is falling because new competitors are offering cheaper services. When a company loses its special edge like this, watch if their profits drop next.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.