One of the hottest sectors in the stock market during the past year has been the payments space. Squareis smoking the market, having gained 177% in the past 12 months, and PayPal Holdingshas advanced more than 50%. Payment processing companies Worldpayand Global Paymentshave both more than doubled the S&P 500's returns, gaining over 30% in that time.
The most notable laggard in the group had been First Data Corp. (NYSE: FDC), which, until it reported its first-quarter earnings results, had trailed the S&P 500 index.The Biggest Takeaway From First Data Corp.'s Quarter
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