Visa Inc. Cl A stock rises Thursday, outperforms market

Visa Inc. Cl A stock rises Thursday, outperforms market

Shares of Visa Inc. Cl A V, 0.84% inched 0.05% higher to $227.57 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, 0.47% falling 0.92% to 4,134.98 and Dow Jones Industrial Average DJIA, 0.14% falling 0.94% to 33,815.90. This was the stock’s second consecutive day of gains. Visa Inc. Cl A closed $0.66 short of its 52-week high ($228.23), which the company reached on March 11th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Mastercard Inc. MA, 0.75% rose 0.07% to $383.36, Fidelity National Information Services Inc. FIS, 0.22% rose 0.06% to $152.53, and American Express Co. AXP, -2.83% fell 0.01% to $147.16. Trading volume (7.2 M) remained 1.8 million below its 50-day average volume of 8.9 M.

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