Visa Inc. Cl A Stock Rises Monday, Still Underperforms Market
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Shares of Visa Inc. Cl A (V) inched 0.35% higher to $218.15 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.89% to 3,951.57 and the Dow Jones Industrial Average rising 1.20% to 32,244.58. Visa Inc. Cl A closed $16.15 short of its 52-week high ($234.30), which the company reached on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co. (JPM) rose 1.06% to $127.14, Bank of America Corp. (BAC) fell 0.25% to $27.75, and Mastercard Inc. (MA) fell 0.10% to $349.32. Trading volume (9.8 M) eclipsed its 50-day average volume of 6.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2023.
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March 20, 2023 17:29 ET (21:29 GMT)
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