Global Payments (#GPN) Stock Price, Live Chart & Analysis | Trade #GPN

"Global Payments develops payment technologies and software solutions for money transfers in the Americas, Europe, Asia, and the Pacific. The company was originally founded in 1996 as a division of National Data Corporation but became independent in 2001. The headquarters is located in Atlanta, Georgia, the USA. Global Payments has established itself well in various industries, such as catering, hospitality, education, retail, public sector. According to the data for 2020, the payment system processes about 17 billion transactions annually. The company continues to improve its technology solutions. It is included in the Fortune 1000 rating. The company's stocks are traded on the New York Stock Exchange. Global Payments are included in the S&P500 index.

Like with any company’s stock, one should carefully follow the company’s news when trading Global Payments papers. The introduction of new technologies in the payment system and entry into new markets increase the GPN price. The company is famous for its business expansion, spending significant funds on buying other companies. For example, it purchased Total System Services in 2019 and gained access to high-growth markets in more than 100 countries. Such expansions develop the client base and attract more investment, increasing the GPN stock price.

However, the money transfer industry is highly competitive. Bank of America Merchant Services, Worldpay, and Chase Paymentech Solutions have considerable weight in the industry, and decentralized digital projects, like Ripple and Stellar, also gained popularity. The success of Global Payments largely depends on whether the company can surpass its rivals in terms of service quality and technological innovations; when more clients choose a company, its stock price rises.

When investing in stocks, it is also important to consider the global economic state. During the time of a general economic downturn, all stocks are usually down in value. For example, the coronavirus crisis has hit the stock market, and Global Payments shares lost more than 25% in price in 2021.