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Shares of Global Payments Inc. (GPN) shed 1.45% to $97.69 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,179.83 and Dow Jones Industrial Average falling 0.41% to 32,908.27.
This was the stock's second consecutive day of losses.
Global Payments Inc. closed $39.19 short of its 52-week high ($136.88), which the company achieved on August 16th.
The stock underperformed when compared to some of its competitors Wednesday, as PayPal Holdings Inc. (PYPL) fell 0.10% to $61.99, Fidelity National Information Services Inc. (FIS) rose 1.11% to $54.57, and Fiserv Inc. (FISV) fell 0.68% to $112.19.
Trading volume (5.9 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2023.
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May 31, 2023 16:58 ET (20:58 GMT)
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