Visa Stock Price Drops 1.4% Amid Strong Quarterly Earnings
Visa's stock price dropped by 1.4% during mid-day trading on Monday, with the company's shares trading as low as $358.52 and last trading at $358.94.
A total of approximately 10,266,788 shares were traded during this period, a 30% increase from the average session volume of 7,907,100 shares.
The decline in stock price comes after the company's quarterly earnings report on Tuesday, July 28th, which showed revenue of $11.63 billion and EPS of $3.32, beating analysts' estimates.