Global Payments Inc. Stock Rises Friday, Outperforms Market
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Shares of Global Payments Inc. (GPN) advanced 1.57% to $100.39 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.45% to 4,282.37 and the Dow Jones Industrial Average rising 2.12% to 33,762.76.
This was the stock's second consecutive day of gains.
Global Payments Inc. closed $36.49 short of its 52-week high ($136.88), which the company achieved on August 16th.
The stock outperformed some of its competitors Friday, as PayPal Holdings Inc. (PYPL) rose 1.44% to $63.96, Fidelity National Information Services Inc. (FIS) rose 0.69% to $55.38, and Fiserv Inc. (FISV) rose 1.02% to $113.90.
Trading volume (3.4 M) eclipsed its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2023.
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June 02, 2023 17:03 ET (21:03 GMT)
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