On July 7, Fiserv rose 6.33% in after-hours trading, trading around $55.2 per share, with turnover of approximately $12.22 million. The rally was primarily driven by the company's latest Small Business Index data released on July 6.

According to the release, the Fiserv Small Business Index climbed to 145, with year-over-year sales growth accelerating to 2.4%, a notable improvement from April's 1.1% pace. The data indicated that a retail sector rebound and higher average ticket sizes are fueling small business sales recovery. This uptick signals strengthening consumer spending trends flowing through Fiserv's merchant payment network.

Additionally, renowned investor Michael Burry recently disclosed adding to his Fiserv position, providing further positive sentiment support. On the fundamental side, the company has been actively optimizing its balance sheet, completing over $1.33 billion in debt tender offers in late June to reduce interest expenses. Fiserv also maintains its full-year guidance of 1%-3% organic revenue growth and adjusted EPS of $8.00 to $8.30.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)