'Sizeable' Investor Stake Boosts Struggling Payment Stock

Core Insights - Global Payments Inc (NYSE:GPN) stock has increased by 4.3%, reaching $80.92, following reports of activist investor Elliott Management acquiring a "sizeable" stake in the company [1] - Despite today's gains, the stock is still down 27.9% year-to-date, indicating significant volatility and potential challenges ahead [1] Analyst Sentiment - There is potential for positive outlooks if the current bearish sentiment among analysts shifts; out of 32 analysts, 22 have a "hold" or worse recommendation for Global Payments stock [2] - Short interest in Global Payments has decreased by 25.5% over the last two reporting periods, suggesting a retreat from short sellers; however, short interest still represents 3.7% of the stock's total float, equating to just over two days of buying power [2]