Visa Inc. Cl A Stock Falls Wednesday, Still Outperforms Market
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Shares of Visa Inc. Cl A (V) slid 0.86% to $220.04 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,936.97 and Dow Jones Industrial Average falling 1.63% to 32,030.11. The stock's fall snapped a two-day winning streak. Visa Inc. Cl A closed $14.26 below its 52-week high ($234.30), which the company reached on February 2nd.
Despite its losses, the stock outperformed some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) fell 2.58% to $127.18, Bank of America Corp. (BAC) fell 3.32% to $27.64, and Mastercard Inc. (MA) fell 1.00% to $351.03.true Trading volume (6.7 M) eclipsed its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 22, 2023.
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March 22, 2023 17:30 ET (21:30 GMT)
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