Global Payments Surges to 323rd in Daily Trading Volume as Elliott Management Acquires Stake

On July 16, 2025, Global Payments (GPN) saw a significant surge in trading volume, with a total turnover of $327 million, marking a 73.25% increase from the previous day. This substantial rise placed Global Payments at the 323rd position in terms of daily trading volume among all stocks. The company's stock price also experienced a notable increase, rising by 6.51%.

The surge in Global Payments' stock price can be attributed to the news that activist hedge fund Elliott Management has acquired a stake in the company. This development has sparked considerable interest and speculation among investors, as Elliott Management is known for its strategic investments and activist approach to corporate governance. The exact size of Elliott's stake and its specific demands have not been disclosed, adding to the intrigue surrounding this investment.

Elliott Management's involvement in Global Payments comes at a time when the company is navigating the complexities of the post-Worldpay deal landscape. The acquisition of Worldpay by FIS in 2019 created a new dynamic in the payments industry, and Global Payments has been working to solidify its position in this evolving market. The entry of Elliott Management could potentially influence the company's strategic direction and operational decisions, as the hedge fund is known for pushing for changes that enhance shareholder value.