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Shares of Global Payments Inc. (GPN) inched 0.46% higher to $99.97 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,205.45 and the Dow Jones Industrial Average rising 1.00% to 33,093.34.
This was the stock's second consecutive day of gains.
Global Payments Inc. closed $36.91 short of its 52-week high ($136.88), which the company reached on August 16th.
The stock underperformed when compared to some of its competitors Friday, as PayPal Holdings Inc. (PYPL) rose 1.43% to $60.22, Fidelity National Information Services Inc. (FIS) rose 2.21% to $54.46, and Fiserv Inc. (FISV) rose 0.85% to $113.77.
Trading volume (1.8 M) remained 302,900 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 26, 2023.
(END) Dow Jones Newswires
May 26, 2023 16:57 ET (20:57 GMT)
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