Global Payments Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Global Payments Inc. (GPN) rallied 1.95% to $106.72 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.46% to 4,119.17 and Dow Jones Industrial Average falling 0.17% to 33,561.81.
Global Payments Inc. closed $30.16 short of its 52-week high ($136.88), which the company achieved on August 16th.
The stock outperformed some of its competitors Tuesday, as PayPal Holdings Inc. (PYPL) fell 12.73% to $65.91, Fidelity National Information Services Inc. (FIS) fell 0.55% to $55.65, and Fiserv Inc. (FISV) fell 0.09% to $119.39.
Trading volume (1.7 M) remained 408,764 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2023.
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May 09, 2023 16:58 ET (20:58 GMT)
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