Global Payments Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Global Payments Inc. (GPN) slipped 8.62% to $103.00 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.04% to 4,167.87 and Dow Jones Industrial Average falling 0.14% to 34,051.70.
The stock's fall snapped a two-day winning streak.
Global Payments Inc. closed $33.88 below its 52-week high ($136.88), which the company reached on August 16th.
The stock underperformed when compared to some of its competitors Monday, as PayPal Holdings Inc. (PYPL) fell 1.17% to $75.11, Fidelity National Information Services Inc. (FIS) fell 3.46% to $56.69, and Fiserv Inc. (FISV) fell 0.56% to $121.44.
Trading volume (6.0 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2023.
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May 01, 2023 16:57 ET (20:57 GMT)
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