Increasing skepticism towards technology stocks in recent months has devalued the shares of many vendors on American Banker's weekly chart, but no group has been battered harder than the card processors.

Five of the 10 companies listed in the group are trading more than 50% below their annual highs. And there are few signs that the group will stage a rally any time soon.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.