🔴 Fair Isaac is trading 6% down in pre-market after holding $10 mortgage-score pricing amid competition

Fair Isaac is trading 5.56% lower at $770.00 in pre-market on October 26, following Friday’s announcement that it would keep its $10 mortgage-score price unchanged amid increased competition from lower-priced VantageScore.

• Reports said shares fell after-hours following the news.
• The unchanged price gap remains as Fannie Mae and Freddie Mac allow greater VantageScore use, raising concerns about competition and potential market-share losses.
• No distinct new company announcement for October 26 appeared in sources reviewed.