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Valued at a market cap of $22.8 billion, Global Payments Inc. (GPN) is a global payments technology and software company that helps businesses accept payments and manage commerce across online, in-store, and other channels. The Georgia-based company serves businesses ranging from small and mid-sized merchants to large enterprises, providing payment processing, point-of-sale technology, software, and other commerce solutions.
Shares of GPN have surged 5% over the past year, lagging the broader S&P 500 Index ($SPX), which has rallied 22.4%. Moreover, on a YTD basis, the stock is up 11.3%, trailing SPX’s 13.3% rise.
