Visa Inc. Cl A Stock Rises Thursday, Still Underperforms Market
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Shares of Visa Inc. Cl A (V) inched 0.50% higher to $221.13 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.53% to 4,012.32 and the Dow Jones Industrial Average rising 0.33% to 33,153.91. The stock's rise snapped a five-day losing streak. Visa Inc. Cl A closed $13.17 below its 52-week high ($234.30), which the company reached on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as JPMorgan Chase & Co. (JPM) rose 0.80% to $139.67, Bank of America Corp. (BAC) fell 0.09% to $34.26, and Mastercard Inc. (MA) rose 0.16% to $355.53. Trading volume (5.5 M) remained 368,794 below its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 23, 2023.
(END) Dow Jones Newswires
February 23, 2023 17:30 ET (22:30 GMT)
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