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Shares of Global Payments Inc. (GPN) slipped 2.46% to $100.51 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.64% to 4,109.90 and Dow Jones Industrial Average falling 1.01% to 33,012.14.
Global Payments Inc. closed $36.37 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 Tuesday, as PayPal Holdings Inc. (PYPL) fell 2.33% to $60.80, Fidelity National Information Services Inc. (FIS) fell 1.12% to $54.91, and Fiserv Inc. (FISV) fell 0.87% to $118.68.
Trading volume (1.6 M) remained 551,824 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 16, 2023.
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May 16, 2023 16:58 ET (20:58 GMT)
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