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Shares of Visa Inc. Cl A (V) rose 2.74% to $231.78 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.85% to 4,136.25 and the Dow Jones Industrial Average rising 1.65% to 33,674.38.
The stock's rise snapped a four-day losing streak.
Visa Inc. Cl A closed $3.79 below its 52-week high ($235.57), which the company achieved on April 21st.
The stock outperformed some of its competitors Friday, as JPMorgan Chase & Co. (JPM) rose 1.95% to $136.74, Bank of America Corp. (BAC) rose 2.67% to $27.71, and Mastercard Inc. (MA) rose 2.27% to $384.66.
Trading volume (6.2 M) remained 292,870 below its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 5, 2023.
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May 05, 2023 17:31 ET (21:31 GMT)
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