Visa Inc. Cl A Stock Falls Wednesday, Underperforms Market
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Shares of Visa Inc. Cl A (V) slid 0.85% to $231.27 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.45% to 4,137.64 and the Dow Jones Industrial Average falling 0.09% to 33,531.33.
The stock's fall snapped a three-day winning streak.
Visa Inc. Cl A closed $4.30 below its 52-week high ($235.57), which the company achieved on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) rose 0.05% to $136.48, Bank of America Corp. (BAC) fell 1.23% to $27.32, and Mastercard Inc. (MA) fell 0.10% to $382.54.
Trading volume (5.2 M) remained 1.3 million below its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 10, 2023.
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May 10, 2023 17:31 ET (21:31 GMT)
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