Visa Inc. Cl A Stock Rises Thursday, Still Underperforms Market
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Shares of Visa Inc. Cl A (V) inched 0.41% higher to $233.60 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.94% to 4,198.05 and the Dow Jones Industrial Average rising 0.34% to 33,535.91.
This was the stock's second consecutive day of gains.
Visa Inc. Cl A closed $1.97 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) rose 0.76% to $139.50, Bank of America Corp. (BAC) fell 0.35% to $28.47, and Mastercard Inc. (MA) rose 1.30% to $392.02.
Trading volume (6.6 M) eclipsed its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2023.
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May 18, 2023 17:30 ET (21:30 GMT)
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