Commonwealth Equity Services LLC and Sequoia Financial Advisors LLC sold shares in Global Payments Inc, but other companies, such as Diversify Advisory Services LLC and First Trust Direct Indexing L.P., invested. A collaboration was declared with Commerzbank to serve smaller companies. Additionally, rumors of acquisitions were sparked, with talks of Britain's Takepayments and US Peer Shift4, though the latter was denied by the company. Recent stock performance has been volatile, with noted underperformance on some days and outperformance on others, leading to a 30% loss for investors over the last three years. Nevertheless, various articles have advocated for buying Global Payments stock due to its value, momentum, and upcoming turnaround potential. The company reported strong growth, forecasting a full-year profit and promising Q1 2024 results. The announcement of a $1.75B senior convertible notes deal created some market uncertainty. However, the Q1 2024 earnings, upon release, beat expectations.
Global Payments GPN News Analytics from Tue, 31 Oct 2023 07:00:00 GMT to Sun, 07 Jul 2024 12:25:36 GMT - Rating 0 - Innovation 0 - Information 8 - Rumor -5
