Visa Inc. Cl A Stock Falls Monday, Underperforms Market
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Shares of Visa Inc. Cl A (V) slid 2.13% to $206.32 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.39% to 3,949.94 and Dow Jones Industrial Average falling 0.13% to 33,700.28. This was the stock's second consecutive day of losses. Visa Inc. Cl A closed $29.53 below its 52-week high ($235.85), which the company achieved on February 2nd.
The stock underperformed when compared to some of its competitors Monday, as Mastercard Inc. (MA) fell 1.58% to $338.25, Fidelity National Information Services Inc. (FIS) rose 0.24% to $61.56, and American Express Co. (AXP) rose 0.20% to $152.81. Trading volume (10.5 M) eclipsed its 50-day average volume of 7.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 17:28 ET (22:28 GMT)
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