Global Payments Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Global Payments Inc. (GPN) rallied 1.67% to $103.66 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.02% to 4,192.63 and the Dow Jones Industrial Average falling 0.42% to 33,286.58.
Global Payments Inc. closed $33.22 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 Monday, as PayPal Holdings Inc. (PYPL) rose 3.46% to $63.03, Fidelity National Information Services Inc. (FIS) rose 1.11% to $57.47, and Fiserv Inc. (FISV) remained unchanged.
Trading volume (3.5 M) eclipsed its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 22, 2023.
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May 22, 2023 16:58 ET (20:58 GMT)
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