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Shares of Global Payments Inc. (GPN) rallied 3.06% to $103.80 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.70% to 4,090.75 and Dow Jones Industrial Average falling 0.80% to 33,414.24.
The stock's rise snapped a two-day losing streak.
Global Payments Inc. closed $33.08 below its 52-week high ($136.88), which the company achieved on August 16th.
The stock outperformed some of its competitors Wednesday, as PayPal Holdings Inc. (PYPL) fell 1.18% to $71.43, Fidelity National Information Services Inc. (FIS) fell 0.51% to $52.86, and Fiserv Inc. (FISV) rose 0.07% to $119.34.
Trading volume (3.6 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 3, 2023.
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May 03, 2023 16:58 ET (20:58 GMT)
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