In a series of recent events, Global Payments Inc.(NYSE:GPN) has made numerous noteworthy happenings in the market. The American International Group has decreased its position in the firm along with Crossmark Global Holdings, and Parallel Advisors. On the other hand, The Manufacturers Life Insurance Company and KBC Group have increased their shares. Compelling reasons have surfaced to retain Global Payments' stock, as they have beaten their Q1 Earnings and have reaffirmed their 2024 outlook. Additionally, Scotia Capital Inc. and Advisory Services Network expanded their shares while Hedge Funds selected GPN as a top digital payments stock. Global Payments' CIO has recently sold shares worth $169,815. Despite underperforming on several days compared to competitors, the firm has shown strong growth in Q4 and full year of 2023. Moreover, Global Payments' Q1 Results have exceeded forecast, with a revenue increase of 7%. It has also been mentioned that their higher costs might impact Q4 earnings, and unfortunately, investors in Global Payments have lost 30% over the past three years. The firm's stock has also seen a decrease of 9% since the last Earnings report, with a 4.2% decrease since the last Earnings report.
Global Payments GPN News Analytics from Tue, 31 Oct 2023 07:00:00 GMT to Sun, 09 Jun 2024 16:30:11 GMT -
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