Visa Inc. Cl A Stock Rises Thursday, Still Underperforms Market
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Shares of Visa Inc. Cl A (V) inched 0.50% higher to $217.45 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.76% to 3,960.28 and the Dow Jones Industrial Average rising 1.17% to 32,246.55. Visa Inc. Cl A closed $16.85 short of 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 Thursday, as JPMorgan Chase & Co. (JPM) rose 1.94% to $130.75, Bank of America Corp. (BAC) rose 1.68% to $28.97, and Mastercard Inc. (MA) fell 0.02% to $348.00. Trading volume (13.7 M) eclipsed its 50-day average volume of 5.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 16, 2023.
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March 16, 2023 17:30 ET (21:30 GMT)
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