Global Payments Inc. Stock Underperforms Wednesday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Global Payments Inc. (GPN) slid 2.76% to $98.99 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.73% to 4,115.24 and Dow Jones Industrial Average falling 0.77% to 32,799.92.
This was the stock's second consecutive day of losses.
Global Payments Inc. closed $37.89 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 Wednesday, as PayPal Holdings Inc. (PYPL) fell 0.32% to $61.80, Fidelity National Information Services Inc. (FIS) fell 3.46% to $53.86, and Fiserv Inc. (FISV) fell 1.52% to $116.47.
Trading volume (1.6 M) remained 483,435 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
May 24, 2023 16:57 ET (20:57 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.