Visa Inc. Cl A Stock Outperforms Market Despite Losses On The Day
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Shares of Visa Inc. Cl A (V) sank 0.28% to $221.03 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,179.83 and Dow Jones Industrial Average falling 0.41% to 32,908.27.
This was the stock's second consecutive day of losses.
Visa Inc. Cl A closed $14.54 short of its 52-week high ($235.57), which the company achieved on April 21st.
Despite its losses, the stock outperformed some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) fell 1.27% to $135.71, Bank of America Corp. (BAC) fell 1.66% to $27.79, and Mastercard Inc. (MA) fell 0.67% to $365.02.
Trading volume (20.5 M) eclipsed its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2023.
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May 31, 2023 17:30 ET (21:30 GMT)
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