Visa Inc. Cl A Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Visa Inc. Cl A (V) advanced 3.06% to $220.66 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.47% to 4,287.50 and the Dow Jones Industrial Average rising 1.85% to 33,916.39. This was the stock's second consecutive day of gains. Visa Inc. Cl A closed $32.01 short of its 52-week high ($252.67), which the company reached on July 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Mastercard Inc. (MA) rose 4.77% to $378.83, Fidelity National Information Services Inc. (FIS) rose 5.01% to $103.79, and American Express Co. (AXP) rose 2.45% to $181.98. Trading volume (10.8 M) eclipsed its 50-day average volume of 8.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 28, 2022.
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April 28, 2022 17:27 ET (21:27 GMT)
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