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FICO Is Cutting 15% of Its Workforce After Losing More Than Half Its Value

Source: 247wallst.com

Regulation & LegislationCompany FundamentalsHousing & Real Estate
FICO Is Cutting 15% of Its Workforce After Losing More Than Half Its Value

A regulatory decision stripped FICO of the status that had made its mortgage score virtually mandatory for lenders. FICO is now cutting hundreds of jobs, while its stock is near a price level an analyst was beginning to characterize; the article text ends before that characterization is complete.

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moderately negative

Sentiment Score

-0.45

Ticker Sentiment

FICO-0.80

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