Global Payments Inc. stock rises Monday, still underperforms market

Global Payments Inc. stock rises Monday, still underperforms market

Shares of Global Payments Inc. GPN, +0.01% inched 0.01% higher to $105.25 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.37% rising 0.37% to 4,124.51 and the Dow Jones Industrial Average DJIA, +0.98% rising 0.98% to 33,601.15. This was the stock’s second consecutive day of gains. Global Payments Inc. closed $41.46 below its 52-week high ($146.71), which the company achieved on April 20th.

The stock outperformed some of its competitors Monday, as PayPal Holdings Inc. PYPL, -0.86% fell 0.86% to $75.29, Fidelity National Information Services Inc. FIS, -0.44% fell 0.44% to $54.09, and Fiserv Inc. FISV, -0.18% fell 0.18% to $112.83. Trading volume (1.4 M) remained 433,459 below its 50-day average volume of 1.9 M.

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