Visa Inc. Cl A Stock Rises Thursday, Still Underperforms Market
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Shares of Visa Inc. Cl A (V) inched 0.38% higher to $229.01 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.96% to 4,135.35 and the Dow Jones Industrial Average rising 1.57% to 33,826.16.
The stock's rise snapped a four-day losing streak.
Visa Inc. Cl A closed $6.56 below its 52-week high ($235.57), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Thursday, as JPMorgan Chase & Co. (JPM) rose 1.35% to $137.05, Bank of America Corp. (BAC) rose 1.58% to $28.89, and Mastercard Inc. (MA) rose 1.88% to $373.67.
Trading volume (7.1 M) eclipsed its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 27, 2023.
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April 27, 2023 17:31 ET (21:31 GMT)
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