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Why Visa Stock Was Sliding Today. Jeremy Bowman, The Motley Fool. September 24, 2024 at 12:32 PM. ... Not surprisingly, the stock pulled back on the news, down 4% as of 10:03 a.m. ET.
Visa shares plunged over 5% as the U.S. Justice Department filed an antitrust lawsuit against the company Tuesday, alleging it has illegally monopolized the debit card market by eliminating choice ...
Today, Visa stock trades at a price-to-sales (P/S) ratio of 15.2 and a price-to-earnings (P/E) ratio of 27.8, both of which are slightly below its 10-year averages on these metrics. Based on next ...
Cash -- one of the last vestiges of the analog era -- is steadily going out of style. This broad trend only helps credit card companies with mass appeal, such as Visa (NYSE:V). Although you'll ...
The perennial market-beater isn't beating the market right now.
At the time Paul Pelosi sold Visa stock, there was no public indication that an antitrust lawsuit against the company was imminent. Shares of Visa closed down 5.5% at $272.78.
The stock is moving towards the $200 level. For premium support please call: 800-290-4726 more ways to reach us
Before you buy stock in Bank of America, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Bank of ...