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Visa Hits New High After Beating Earnings Estimates

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Visa Inc (NYSE:V) has reached a new 52-week high of $380.10 in mid-day trading on Monday.

The company's stock traded as high as $379.38, with a volume of 586,747 shares traded.

This comes after the credit-card processor reported quarterly earnings results that beat analysts' consensus estimates on July 28th.

Visa's revenue for the quarter was up 14.4% compared to the same quarter last year, and the company has a market capitalization of $680.45 billion.

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