Visa Inc. Cl A Stock Falls Wednesday, Underperforms Market
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Shares of Visa Inc. Cl A (V) shed 0.72% to $218.36 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.02% to 32,661.84 and the S&P 500 Index falling 0.47% to 3,951.39. This was the stock's second consecutive day of losses. Visa Inc. Cl A closed $15.94 below its 52-week high ($234.30), which the company achieved on February 2nd.
The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) fell 0.56% to $142.55, Bank of America Corp. (BAC) fell 0.47% to $34.14, and Mastercard Inc. (MA) fell 0.50% to $353.50. Trading volume (4.8 M) remained 863,288 below its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 1, 2023.
(END) Dow Jones Newswires
March 01, 2023 17:30 ET (22:30 GMT)
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