Visa Inc. Cl A stock falls Wednesday, underperforms market

Visa Inc. Cl A stock falls Wednesday, underperforms market

Shares of Visa Inc. Cl A V, -0.39% slumped 0.39% to $235.68 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.43% rising 0.43% to 4,376.95 and the Dow Jones Industrial Average DJIA, +0.19% rising 0.19% to 33,804.87.

Visa Inc. Cl A closed $14.38 short of its 52-week high ($250.06), which the company reached on September 13th.

The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. JPM, +0.34% rose 0.34% to $146.15, Bank of America Corp. BAC, +0.04% rose 0.04% to $27.02, and Mastercard Inc. MA, -0.14% fell 0.14% to $399.81.

Trading volume (4.7 M) remained 327,743 below its 50-day average volume of 5.1 M.

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