Fidelity National Information Services (#FIS) Stock Price, Live Chart & Analysis | Trade #FIS

Fidelity National Information Services (FIS) is the largest technology company in the financial services and payments industry. FIS was founded in 1968; its headquarters is in Jacksonville, Florida, USA. The company provides solutions and software for payment processing and banking operations in more than 130 countries around the world. Every year, FIS processes about 74 billion transactions worth $9 trillion. The FIS stocks are traded on the New York Stock Exchange under the ticker #FIS and included in the S&P500 index.

One should monitor the latest company news when trading a company's stocks. The #FIS price usually rises following the announcements of new markets, new products, and business expansion. Thus, Worldpay Inc became the largest purchase. Following the transaction, Fidelity National Information Services significantly increased its influence on the payments market and expanded the client base of trade organizations. The company’s stock price was naturally up.

It is also important to monitor the coverage of the company's activities in the media. News of data breaches and cyberattacks has a negative impact on the #FIS price. In 2011, the eFunds subsidiary, Prepaid Solutions, was the victim of a large-scale cyber attack, and hackers stole $13 million from ATMs. After the news was published, the #FIS rate declined but recovered amid positive reports.

The financial services and payments industry is highly competitive. The products and services of Global Payments and Visa are also popular all over the world. If the consumer demand for the FIS services is high, the company’s stocks will be growing in price.