Visa Inc. Cl A Stock Falls Thursday, Underperforms Market
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Shares of Visa Inc. Cl A (V) slid 1.21% to $193.97 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.13% to 3,930.08 and Dow Jones Industrial Average falling 0.33% to 31,730.30. The stock's fall snapped a two-day winning streak. Visa Inc. Cl A closed $58.70 below 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) fell 1.42% to $321.24, Fidelity National Information Services Inc. (FIS) rose 0.54% to $93.95, and American Express Co. (AXP) fell 3.84% to $153.27. Trading volume (9.3 M) eclipsed its 50-day average volume of 8.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2022.
(END) Dow Jones Newswires
May 12, 2022 17:26 ET (21:26 GMT)
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