Visa Inc. Cl A Stock Rises Tuesday, Outperforms Market
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Shares of Visa Inc. Cl A (V) inched 0.44% higher to $233.26 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.46% to 4,119.17 and Dow Jones Industrial Average falling 0.17% to 33,561.81.
This was the stock's third consecutive day of gains.
Visa Inc. Cl A closed $2.31 short of its 52-week high ($235.57), which the company reached on April 21st.
The stock outperformed some of its competitors Tuesday, as JPMorgan Chase & Co. (JPM) fell 0.48% to $136.41, Bank of America Corp. (BAC) fell 0.11% to $27.66, and Mastercard Inc. (MA) fell 0.67% to $382.94.
Trading volume (4.4 M) remained 2.2 million below its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2023.
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May 09, 2023 17:31 ET (21:31 GMT)
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