Visa Inc. Cl A Stock Rises Wednesday, Still Underperforms Market
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Shares of Visa Inc. Cl A (V) advanced 2.86% to $214.52 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.99% to 4,300.17 and the Dow Jones Industrial Average rising 2.81% to 34,061.06. The stock's rise snapped a three-day losing streak. Visa Inc. Cl A closed $38.15 below its 52-week high ($252.67), which the company achieved on July 27th.
The stock underperformed when compared to some of its competitors Wednesday, as Mastercard Inc. (MA) rose 3.00% to $368.52, Fidelity National Information Services Inc. (FIS) rose 4.69% to $104.30, and American Express Co. (AXP) rose 3.32% to $177.82. Trading volume (7.2 M) remained 917,689 below its 50-day average volume of 8.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 4, 2022.
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May 04, 2022 17:26 ET (21:26 GMT)
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