Earnings Results: Global Payments stock falls as ‘surprise’ CEO transition overshadows earnings beat

Shares of Global Payments Inc. were sliding nearly 7% in Monday trading after the payment-technology company said that Chief Executive Jeff Sloan plans to step down from his role as of June 1.

Sloan will also depart Global Payments’ GPN board of directors at that time. He’ll be succeeded by Cameron Bready, the company’s chief operating officer, who plans to join the board once he takes over.

“While…

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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

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