Global Payments Inc. Stock Rises Wednesday, Outperforms Market
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Shares of Global Payments Inc. (GPN) rallied 3.25% to $103.78 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,158.77 and the Dow Jones Industrial Average rising 1.24% to 33,420.77.
Global Payments Inc. closed $33.10 below its 52-week high ($136.88), which the company reached on August 16th.
The stock outperformed some of its competitors Wednesday, as PayPal Holdings Inc. (PYPL) rose 1.09% to $61.46, Fidelity National Information Services Inc. (FIS) rose 1.95% to $55.98, and Fiserv Inc. (FISV) rose 0.85% to $119.69.
Trading volume (2.1 M) remained 57,363 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2023.
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May 17, 2023 16:58 ET (20:58 GMT)
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