Why Global Payments Stock Fell 11.2% Last Month

Shares of Global Payments (NYSE: GPN) slipped 11.2% in October, according to data from S&P Global Market Intelligence. Global Payments published better-than-expected sales and earnings when it reported third-quarter results on Oct. 29. Global Payments posted non-GAAP (adjusted) earnings per share of $1.71 on adjusted revenue of roughly $1.746 billion.

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