Global Payments Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Global Payments Inc. (GPN) shed 0.22% to $103.53 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.17% to 4,130.62 and Dow Jones Industrial Average falling 0.66% to 33,309.51.
This was the stock's second consecutive day of losses.
Global Payments Inc. closed $33.35 below its 52-week high ($136.88), which the company reached on August 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as PayPal Holdings Inc. (PYPL) rose 1.26% to $64.18, Fidelity National Information Services Inc. (FIS) fell 0.25% to $55.00, and Fiserv Inc. (FISV) rose 0.84% to $119.35.
Trading volume (1.8 M) remained 343,944 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 2023.
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May 11, 2023 16:58 ET (20:58 GMT)
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