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Shares of Visa Inc. Cl A (V) slid 0.87% to $231.28 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.02% to 4,192.63 and the Dow Jones Industrial Average falling 0.42% to 33,286.58.
This was the stock's second consecutive day of losses.
Visa Inc. Cl A closed $4.29 short of its 52-week high ($235.57), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Monday, as JPMorgan Chase & Co. (JPM) fell 0.83% to $138.03, Bank of America Corp. (BAC) rose 0.82% to $28.34, and Mastercard Inc. (MA) fell 0.27% to $384.53.
Trading volume (4.0 M) remained 2.4 million below its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 22, 2023.
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May 22, 2023 17:31 ET (21:31 GMT)
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