There has been much activity involving Global Payments Inc. GPN. Several investment firms have adjusted their holdings in the company, with notable purchases by Estuary Capital Management LP, AQR Capital Management LLC, and Canada Pension Plan Investment Board among others. Conversely, sales were noted by Corebridge Financial Inc., DRW Securities LLC, and Comerica Bank. Global Payments has also been highlighted as a top momentum and value stock for long-term investment, reinforcing positive investment sentiment. The company is dealing with a $3.6M settlement payout to investors. Progress has been steady at Global Payments, with news of innovations including the launch of OroPay for B2B Firms, and the successful use of request hedging with Amazon DynamoDB, signalling tech-savvy moves. Potential divestments are being speculated, including its issuer business. The company recently teamed up with Oro, and has been targeted by activist firm, Elliott, to help uplift share price. Significant buzz continues around the $24.25 billion Worldpay deal and the divestment of its payroll business. Overall, news around Global Payments presents a mix of challenges and rewards for its investors.
Global Payments GPN News Analytics from Tue, 11 Feb 2025 08:00:00 GMT to Sat, 06 Sep 2025 13:45:03 GMT - Rating 5 - Innovation 3 - Information 7 - Rumor 0