Visa Inc. Cl A Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Visa Inc. Cl A (V) advanced 1.95% to $218.66 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.65% to 3,919.29 and the Dow Jones Industrial Average rising 1.06% to 32,155.40. The stock's rise snapped a five-day losing streak. Visa Inc. Cl A closed $15.64 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 Tuesday, as JPMorgan Chase & Co. (JPM) rose 2.57% to $134.62, Bank of America Corp. (BAC) rose 0.88% to $28.76, and Mastercard Inc. (MA) rose 2.35% to $352.82. Trading volume (8.0 M) eclipsed its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2023.
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March 14, 2023 20:39 ET (00:39 GMT)
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