Global Payments Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Global Payments Inc. (GPN) rose 2.79% to $112.71 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.83% to 4,169.48 and the Dow Jones Industrial Average rising 0.80% to 34,098.16.
This was the stock's second consecutive day of gains.
Global Payments Inc. closed $30.98 short of its 52-week high ($143.69), which the company reached on April 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as PayPal Holdings Inc. (PYPL) rose 2.33% to $76.00, Fidelity National Information Services Inc. (FIS) rose 4.28% to $58.72, and Fiserv Inc. (FISV) rose 2.11% to $122.12.
Trading volume (3.3 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 28, 2023.
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April 28, 2023 16:57 ET (20:57 GMT)
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