Global Payments Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Global Payments Inc. (GPN) inched 0.53% higher to $99.51 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.88% to 4,151.28 and the Dow Jones Industrial Average falling 0.11% to 32,764.65.
The stock's rise snapped a two-day losing streak.
Global Payments Inc. closed $37.37 below its 52-week high ($136.88), which the company achieved on August 16th.
The stock outperformed some of its competitors Thursday, as PayPal Holdings Inc. (PYPL) fell 3.93% to $59.37, Fidelity National Information Services Inc. (FIS) fell 1.08% to $53.28, and Fiserv Inc. (FISV) fell 3.14% to $112.81.
Trading volume (2.5 M) eclipsed its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 25, 2023.
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May 25, 2023 16:58 ET (20:58 GMT)
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