Visa Inc. Cl A Stock Falls Monday, Underperforms Market
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Shares of Visa Inc. Cl A (V) slumped 0.77% to $214.47 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.15% to 3,855.76 and Dow Jones Industrial Average falling 0.28% to 31,819.14. This was the stock's fifth consecutive day of losses. Visa Inc. Cl A closed $19.83 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 Monday, as JPMorgan Chase & Co. (JPM) fell 1.80% to $131.25, Bank of America Corp. (BAC) fell 5.81% to $28.51, and Mastercard Inc. (MA) fell 0.69% to $344.71. Trading volume (6.8 M) eclipsed its 50-day average volume of 5.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2023.
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March 13, 2023 17:30 ET (21:30 GMT)
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