Visa Inc. Cl A Stock Outperforms Market Despite Losses On The Day
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Shares of Visa Inc. Cl A (V) slipped 0.98% to $220.01 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.85% to 3,918.32 and Dow Jones Industrial Average falling 1.66% to 32,254.86. This was the stock's third consecutive day of losses. Visa Inc. Cl A closed $14.29 short of its 52-week high ($234.30), which the company achieved on February 2nd.
Despite its losses, the stock outperformed some of its competitors Thursday, as JPMorgan Chase & Co. (JPM) fell 5.41% to $130.34, Bank of America Corp. (BAC) fell 6.20% to $30.54, and Mastercard Inc. (MA) fell 1.28% to $354.44.true Trading volume (5.1 M) remained 335,184 below its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 9, 2023.
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March 09, 2023 17:31 ET (22:31 GMT)
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