Shares of Visa slid 3.25% to $202.55 at 16:28 EST on Thursday, following last session’s upward trend. NYSE Composite is jumping 0.73% to $15,092.41, following last session’s downward trend, This seems, so far, a somewhat positive trend trading session today.
Visa’s last close was $209.35, 8.81% below its 52-week high of $220.39.
Visa’s sales growth is a negative 8.6% for the present quarter and a decline by 1.9% for the next. The company’s growth estimates for the current quarter and the next is a negative 12.3% and a negative 2.9%, respectively.
Year-on-year quarterly revenue growth declined by 16.9%, now sitting on 21.85B for the twelve trailing months.
Visa’s last day, last week, and last month’s average volatility was a positive 0.23%, a negative 0.31%, and a positive 0.07%, respectively.
Visa’s last day, last week, and last month’s high and low average amplitude percentage was 1.14%, 1.56%, and 1.65%, respectively.
Visa’s Stock Yearly Top and Bottom Value
Visa’s stock is valued at $202.55 at 16:28 EST, under its 52-week high of $220.39 and way above its 52-week low of $133.93.
Visa’s Moving Average
Visa’s worth is below its 50-day moving average of $211.14 and under its 200-day moving average of $202.69.
Previous days news about Visa
Visa, plaid scrap $5.3 billion deal amid U.S. antitrust suit. According to Bloomberg Quint on Tuesday, 12 January, "American consumers and business owners rely on the internet to buy and sell goods and services, and Visa — which has immense power in online debit in the United States — has extracted billions of dollars from those transactions," the Justice Department said in a separate statement. ", "We are confident we would have prevailed in court as Plaid’s capabilities are complementary to Visa’s, not competitive," Visa Chief Executive Officer Al Kelly said in a statement Tuesday. "
Visa and plaid call off $5.3 billion deal after justice department objection. According to MarketWatch on Tuesday, 12 January, "Visa Chief Executive Al Kelly said in a release that while he was "confident" that the payment giant would have succeeded in the antitrust lawsuit brought by the Justice Department, he believed that "protracted and complex litigation" would have likely taken "substantial time to fully resolve." Visa and Plaid reached an agreement with the Justice Department to dismiss the litigation related to the proposed deal."
Visa just pulled the plug on its $5.3 billion bid for plaid following DOJ suit. According to Business Insider on Tuesday, 12 January, "We believe the combination of Visa with Plaid would have delivered significant benefits, including greater innovation for developers, financial institutions and consumers," Kelly said. ", "But the deal faced regulatory scrutiny from the Department of Justice, which filed a suit against Visa alleging the payments giant was attempting to squash a potential competitor."
Visa abandons planned acquisition of plaid after DOJ challenge. According to The Wall Street Journal on Wednesday, 13 January, "The department sued to block the deal in November, alleging the acquisition would allow Visa to unlawfully maintain a monopoly in the online debit-card market. "
Visa, plaid terminate $5.3 bln merger agreement due to U.S. antitrust lawsuit. According to Business Insider on Wednesday, 13 January, "The Justice department had filed a civil antitrust lawsuit in November, 2020, to stop the merger, alleging that Visa is a monopolist in online debit, charging consumers and merchants billions of dollars in fees each year to process online payments. ", "In was in January 2020 that Visa announced its agreement to acquire Plaid in a deal worth $5.3 billion."
Identity mixup with Visa target spurs 10% jump in Japan startup. According to Bloomberg Quint on Wednesday, 13 January, "The U.S. company, also known as Plaid Inc., had been a target for Visa Inc., which announced Wednesday it was walking away from a proposed $5.3 billion acquisition. "
Visa, Mastercard stocks get upgrades at jefferies. According to MarketWatch on Wednesday, 13 January, "Shares of Visa Inc. and Mastercard Inc. both got bullish upgrades at Jefferies Wednesday ahead of an expected economic recovery. ", "Jefferies analyst Trevor Williams cited a "rare stretch of underperformance" that positions Visa and Mastercard well for 2021. "
Plaid pulled the plug on the Visa deal over price, not antitrust concerns. According to Business Insider on Wednesday, 13 January, "Backstory:DOJ sued to block the dealin November, claiming it would eliminate Plaid’s future ability to compete in the online debit market, thus giving Visa a monopoly. ", "Company CEO Zach Perret declinedto discuss the tick-tock with me, as did a Visa spokesman, but says he and Plaid’s board "met a couple of weeks ago and made the decision to part ways."