Shares closed at $142.88 on Wednesday, extending losses to a third straight session despite gains of 1.46% for the S&P 500 and 1.24% for the Dow.
The stock finished 26.12% below its 52-week high of $193.39 reached on 15 January and lagged peers including FIS, Fiserv and Affirm, which posted smaller declines.
Trading volume reached 1.9 million shares, well above the 50-day average of 932,347, indicating heavier investor activity during the decline.
After a record quarter, what warning about the future sent Jack Henry's stock into a nosedive?
With strong results but a weak forecast, is Jack Henry's stock a deep-value buy or a falling knife?