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Why Jack Henry Stock Was Down Today

Why Jack Henry Stock Was Down Today

Shares of Jack Henry & Associates (NASDAQ: JKHY) were down 8% as of 10:59 a.m. ET on Wednesday following earnings results for the fiscal fourth quarter of 2023 (which ended in June). The financial technology company delivered a solid fiscal fourth-quarter earnings report for 2023, with revenue and profits growing consistent with historical trends. Jack Henry finished fiscal 2023 on a high note.