Burry bets on Fiserv's resilience after CEO exit drives stock lower
Michael Burry remains bullish on Fiserv despite a sharp stock drop sparked by CEO Mike Lyons' exit, arguing the selloff reflects governance concerns rather than fundamentals. He used the dip to add to his stake, citing Fiserv's dominant bank-core processing, Clover payments platform, and an incoming CEO with payments expertise as reasons the business remains resilient and well-positioned for the future.