Visa Inc. Cl A Stock Falls Friday, Underperforms Market
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Shares of Visa Inc. Cl A (V) slipped 0.09% to $210.80 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.48% to 3,965.34 and the Dow Jones Industrial Average rising 0.59% to 33,745.69. The stock's fall snapped a four-day winning streak. Visa Inc. Cl A closed $25.05 below its 52-week high ($235.85), which the company reached on February 2nd.
The stock underperformed when compared to some of its competitors Friday, as Mastercard Inc. (MA) rose 0.71% to $343.69, Fidelity National Information Services Inc. (FIS) rose 0.57% to $61.41, and American Express Co. (AXP) rose 1.23% to $152.50. Trading volume (8.0 M) eclipsed its 50-day average volume of 7.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2022.
(END) Dow Jones Newswires
November 18, 2022 17:28 ET (22:28 GMT)
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