Published on 30 Nov 2021 on Market Watch
Visa Inc. Cl A stock outperforms market despite losses on the day
Shares of Visa Inc. Cl A slid 1.28% to $193.77 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.90% to 4,567.00 and Dow Jones Industrial Average falling 1.86% to 34,483.72. This was the stock's third consecutive day of losses. Visa Inc. Cl A closed $58.90 below its 52-week high ($252.67), which the company reached on July 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Mastercard Inc. fell 2.50% to $314.92, Fidelity National Information Services Inc. fell 0.84% to $104.50, and American Express Co. fell 3.52% to $152.30. Trading volume (16.0 M) eclipsed its 50-day average volume of 10.3 M.