Visa Inc. Cl A Stock Falls Friday, Underperforms Market
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Shares of Visa Inc. Cl A (V) sank 0.70% to $221.04 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,970.99 and the Dow Jones Industrial Average rising 0.41% to 32,237.53. Visa Inc. Cl A closed $13.26 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 Friday, as JPMorgan Chase & Co. (JPM) fell 1.52% to $124.91, Bank of America Corp. (BAC) rose 0.63% to $27.14, and Mastercard Inc. (MA) fell 0.77% to $351.63. Trading volume (4.8 M) remained 1.5 million below its 50-day average volume of 6.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2023.
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March 24, 2023 17:29 ET (21:29 GMT)
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