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Shares of Global Payments Inc. (GPN) slumped 0.90% to $102.60 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.16% to 4,124.08 and Dow Jones Industrial Average falling 0.03% to 33,300.62.
This was the stock's third consecutive day of losses.
Global Payments Inc. closed $34.28 short of its 52-week high ($136.88), which the company achieved on August 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as PayPal Holdings Inc. (PYPL) fell 3.88% to $61.69, Fidelity National Information Services Inc. (FIS) rose 0.13% to $55.07, and Fiserv Inc. (FISV) rose 0.08% to $119.45.
Trading volume (1.0 M) remained 1.1 million below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2023.
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May 12, 2023 16:58 ET (20:58 GMT)
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