Visa Inc. Cl A Stock Outperforms Market Despite Losses On The Day
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Shares of Visa Inc. Cl A (V) sank 0.44% to $225.98 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.70% to 4,090.75 and Dow Jones Industrial Average falling 0.80% to 33,414.24.
This was the stock's third consecutive day of losses.
Visa Inc. Cl A closed $9.59 below its 52-week high ($235.57), which the company reached on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) fell 2.12% to $135.98, Bank of America Corp. (BAC) fell 1.07% to $27.86, and Mastercard Inc. (MA) fell 0.30% to $374.90.
Trading volume (4.1 M) remained 2.5 million below its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 3, 2023.
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May 03, 2023 17:31 ET (21:31 GMT)
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