Visa Hits New High After Beating Earnings Estimates
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.