Global Payments Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Global Payments Inc. (GPN) rallied 1.18% to $98.84 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.99% to 4,221.02 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.
The stock's rise snapped a two-day losing streak.
Global Payments Inc. closed $38.04 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 Thursday, as PayPal Holdings Inc. (PYPL) rose 1.71% to $63.05, Fidelity National Information Services Inc. (FIS) rose 0.79% to $55.00, and Fiserv Inc. (FISV) rose 0.50% to $112.75.
Trading volume (2.0 M) remained 27,756 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.
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June 01, 2023 16:58 ET (20:58 GMT)
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