Visa Inc. Cl A Stock Falls Friday, Underperforms Market
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Shares of Visa Inc. Cl A (V) slipped 1.76% to $216.14 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.45% to 3,861.59 and Dow Jones Industrial Average falling 1.07% to 31,909.64. This was the stock's fourth consecutive day of losses. Visa Inc. Cl A closed $18.16 below its 52-week high ($234.30), which the company achieved on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as JPMorgan Chase & Co. (JPM) rose 2.54% to $133.65, Bank of America Corp. (BAC) fell 0.88% to $30.27, and Mastercard Inc. (MA) fell 2.07% to $347.11. Trading volume (6.6 M) eclipsed its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2023.
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March 10, 2023 17:30 ET (22:30 GMT)
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