Visa Inc. Cl A Stock Outperforms Competitors On Strong Trading Day
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Shares of Visa Inc. Cl A (V) inched 0.08% higher to $231.01 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.17% to 4,130.62 and Dow Jones Industrial Average falling 0.66% to 33,309.51.
This was the stock's second consecutive day of losses.
Visa Inc. Cl A closed $4.56 short of 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 Thursday, as JPMorgan Chase & Co. (JPM) fell 0.32% to $136.05, Bank of America Corp. (BAC) rose 0.26% to $27.39, and Mastercard Inc. (MA) rose 0.22% to $383.39.
Trading volume (3.8 M) remained 2.7 million below its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 2023.
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May 11, 2023 17:31 ET (21:31 GMT)
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