Global Payments stock falls 1.34%, snapping two-day winning streak
Updated
Updated · MarketWatch · May 8
Global Payments stock falls 1.34%, snapping two-day winning streak
4 articles · Updated · MarketWatch · May 8
The shares closed at $69.19 as the S&P 500 rose 0.84% to 7,398.93 and the Dow Jones Industrial Average added 0.02% to 49,609.16.
Global Payments still outperformed peers including PayPal, Fidelity National Information Services and Fiserv, all of which posted steeper declines during Friday's session.
Trading volume reached 3.6 million shares, above the 50-day average of 3.4 million, while the stock finished 23.66% below its 52-week high of $90.64.
After its $24B Worldpay bet, is Global Payments a deeply undervalued giant or a company facing unmanageable risks?
A rival just sold Worldpay, yet GPN bought it. Which payment titan made the smarter bet in this industry shakeup?
With AI-driven fraud losses soaring towards $5 trillion, are payment giants like Global Payments prepared for the coming storm?