Global Payments Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Global Payments Inc. (GPN) inched 0.28% higher to $104.07 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.94% to 4,198.05 and the Dow Jones Industrial Average rising 0.34% to 33,535.91.
This was the stock's second consecutive day of gains.
Global Payments Inc. closed $32.81 short of 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) fell 0.31% to $61.27, Fidelity National Information Services Inc. (FIS) rose 3.34% to $57.85, and Fiserv Inc. (FISV) rose 0.39% to $120.16.
Trading volume (1.2 M) remained 896,887 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2023.
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May 18, 2023 16:57 ET (20:57 GMT)
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