Global Payments Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Global Payments Inc. (GPN) slid 2.24% to $101.48 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.72% to 4,061.22 and Dow Jones Industrial Average falling 0.86% to 33,127.74.
Global Payments Inc. closed $35.40 short of its 52-week high ($136.88), which the company reached on August 16th.
The stock underperformed when compared to some of its competitors Thursday, as PayPal Holdings Inc. (PYPL) rose 0.53% to $71.81, Fidelity National Information Services Inc. (FIS) rose 0.70% to $53.23, and Fiserv Inc. (FISV) fell 1.31% to $117.78.
Trading volume (2.7 M) eclipsed its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 4, 2023.
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May 04, 2023 16:58 ET (20:58 GMT)
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