Visa Inc. Cl A Stock Falls Wednesday, Underperforms Market
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Shares of Visa Inc. Cl A (V) dropped 0.27% to $220.02 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.16% to 3,991.05 and Dow Jones Industrial Average falling 0.26% to 33,045.09. This was the stock's fifth consecutive day of losses. Visa Inc. Cl A closed $14.28 below its 52-week high ($234.30), which the company achieved on February 2nd.
Despite its losses, the stock outperformed some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) fell 0.77% to $138.56, Bank of America Corp. (BAC) fell 0.67% to $34.29, and Mastercard Inc. (MA) fell 0.28% to $354.97.true Trading volume (4.6 M) remained 1.3 million below its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 22, 2023.
(END) Dow Jones Newswires
February 22, 2023 17:30 ET (22:30 GMT)
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