Swiss technology company, Global Blue Group Holding AG (GB), is trading 10% higher on the Friday market, despite the company not reporting any stock-specific news to boost the shares.
The company specializes in providing transaction processing services for banks, merchants, governments, and travelers worldwide. The company has Tax-Free Shopping Technology Solutions (TFSS) and Value Payment Solutions (AVPS). The shares dipped to their all-time low on October 29 but since then it has continued to uptick steeply. Year-to-date, Global has lost 47% of the value of its stock.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.