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Shares of Visa Inc. Cl A (V) inched 0.95% higher to $232.65 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,158.77 and the Dow Jones Industrial Average rising 1.24% to 33,420.77.
Visa Inc. Cl A closed $2.92 below its 52-week high ($235.57), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) rose 3.07% to $138.45, Bank of America Corp. (BAC) rose 4.42% to $28.57, and Mastercard Inc. (MA) rose 1.78% to $387.00.
Trading volume (5.0 M) remained 1.4 million below its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2023.
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May 17, 2023 17:30 ET (21:30 GMT)
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