Visa Inc. Cl A Stock Falls Tuesday, Underperforms Market
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Shares of Visa Inc. Cl A (V) slid 1.04% to $209.06 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 33,852.53 and the S&P 500 Index falling 0.16% to 3,957.63. This was the stock's second consecutive day of losses. Visa Inc. Cl A closed $26.79 short of its 52-week high ($235.85), which the company reached on February 2nd.
The stock underperformed when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. (JPM) rose 1.64% to $136.56, Bank of America Corp. (BAC) rose 0.38% to $37.00, and Mastercard Inc. (MA) fell 0.42% to $343.13. Trading volume (9.0 M) eclipsed its 50-day average volume of 7.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2022.
(END) Dow Jones Newswires
November 29, 2022 17:43 ET (22:43 GMT)
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