The drop was a result of comments made by Fiserv Chief Financial Officer Robert Hau about the volume growth of the company's Clover system would remain flat in the second quarter.

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Shares of Fiserv tumbled Thursday after CFO Robert Hau said the company expects volume growth of its Clover point-of-sale ...

Shares of Fiserv tumbled after Chief Financial Officer Bob Hau said the company's Clover point-of-sale platform is expected to post second-quarter volume growth similar to that of the first quarter.

Baird says Fiserv (FI) presented at a conference today and provided some commentary on Clover volume growth in Q2. The company expects Clover ...