Shares of Global Payments Inc. GPN, 1.37% shed 2.88% to $128.67 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, 0.70% rising 0.06% to 4,649.27 and the Dow Jones Industrial Average DJIA, 0.48% falling 0.44% to 35,921.23. This was the stock’s fourth consecutive day of losses. Global Payments Inc. closed $92.14 below its 52-week high ($220.81), which the company achieved on April 26th.
The stock underperformed when compared to some of its competitors Thursday, as Mastercard Inc. MA, 1.92% fell 1.01% to $354.34, Fidelity National Information Services Inc. FIS, -1.51% rose 0.86% to $119.41, and Intuit Inc. INTU, 2.44% rose 0.48% to $606.87. Trading volume (3.5 M) eclipsed its 50-day average volume of 2.5 M.