Visa Inc. Cl A Stock Rises Thursday, Still Underperforms Market
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Shares of Visa Inc. Cl A (V) inched 0.51% higher to $223.38 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.88% to 4,151.28 and the Dow Jones Industrial Average falling 0.11% to 32,764.65.
The stock's rise snapped a four-day losing streak.
Visa Inc. Cl A closed $12.19 short of its 52-week high ($235.57), which the company reached on April 21st.
The stock outperformed some of its competitors Thursday, as JPMorgan Chase & Co. (JPM) rose 0.24% to $135.67, Bank of America Corp. (BAC) rose 0.25% to $28.17, and Mastercard Inc. (MA) rose 0.42% to $370.04.
Trading volume (6.8 M) eclipsed its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 25, 2023.
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May 25, 2023 17:31 ET (21:31 GMT)
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