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Shares of Visa Inc. Cl A (V) slid 1.01% to $230.47 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.64% to 4,109.90 and Dow Jones Industrial Average falling 1.01% to 33,012.14.
The stock's fall snapped a two-day winning streak.
Visa Inc. Cl A closed $5.10 short of 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 Tuesday, as JPMorgan Chase & Co. (JPM) fell 0.67% to $134.32, Bank of America Corp. (BAC) fell 1.05% to $27.36, and Mastercard Inc. (MA) fell 0.83% to $380.24.
Trading volume (4.3 M) remained 2.1 million below its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 16, 2023.
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May 16, 2023 17:31 ET (21:31 GMT)
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