Valued at a market cap of $23 billion, Corpay, Inc. (CPAY) is a global payments and expense-management company offering solutions for corporate, vehicle, and lodging costs. The Atlanta, Georgia-based company offers a comprehensive suite of digital payment solutions, including accounts payable automation, commercial cards, cross-border payments, and vehicle-related expense management such as fuel and toll payments.
Shares of CPAY have rallied 8.1% over this time frame, lagging behind the broader S&P 500 Index ($SPX), which has gained 15.1%. On a YTD basis, the stock is down 3.9%, trailing the SPX’s 9.9% rise.
