Visa Inc. Cl A Stock Underperforms Wednesday When Compared To Competitors
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Shares of Visa Inc. Cl A (V) shed 1.04% to $222.25 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.73% to 4,115.24 and Dow Jones Industrial Average falling 0.77% to 32,799.92.
This was the stock's fourth consecutive day of losses.
Visa Inc. Cl A closed $13.32 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 Wednesday, as JPMorgan Chase & Co. (JPM) fell 0.92% to $135.34, Bank of America Corp. (BAC) fell 1.68% to $28.10, and Mastercard Inc. (MA) fell 1.40% to $368.50.
Trading volume (6.7 M) eclipsed its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2023.
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May 24, 2023 17:30 ET (21:30 GMT)
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