Visa Inc. Cl A Stock Outperforms Competitors On Strong Trading Day
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Shares of Visa Inc. Cl A (V) inched 0.16% higher to $231.38 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.16% to 4,124.08 and Dow Jones Industrial Average falling 0.03% to 33,300.62.
The stock's rise snapped a two-day losing streak.
Visa Inc. Cl A closed $4.19 short of its 52-week high ($235.57), which the company reached on April 21st.
The stock outperformed some of its competitors Friday, as JPMorgan Chase & Co. (JPM) fell 1.43% to $134.10, Bank of America Corp. (BAC) fell 1.10% to $27.09, and Mastercard Inc. (MA) fell 0.38% to $381.92.
Trading volume (3.4 M) remained 3.1 million below its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2023.
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May 12, 2023 17:31 ET (21:31 GMT)
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