Visa Inc. Cl A Stock Outperforms Competitors Despite Losses On The Day
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Shares of Visa Inc. Cl A (V) slipped 4.84% to $193.00 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 3.20% to 3,991.24 and Dow Jones Industrial Average falling 1.99% to 32,245.70. This was the stock's third consecutive day of losses. Visa Inc. Cl A closed $59.67 below its 52-week high ($252.67), which the company achieved on July 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Mastercard Inc. (MA) fell 5.51% to $327.99, Fidelity National Information Services Inc. (FIS) fell 3.80% to $94.54, and American Express Co. (AXP) fell 3.67% to $161.02. Trading volume (10.3 M) eclipsed its 50-day average volume of 7.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2022.
(END) Dow Jones Newswires
May 09, 2022 17:26 ET (21:26 GMT)
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