Visa Stock Takes Hit Amid Broader Market Selloff, But Long-Term Trend Remains Bullish

Visa shares fell 0.10% to $367.03 on Thursday as a broader market selloff impacted financial stocks.

The company, along with Mastercard and Ant International, is collaborating on a framework to verify AI agents in online payments through the Know-Your-Agent initiative.

The aim of this framework is to create common trust signals across card networks, digital wallets, and AI platforms, which could reduce duplicate identity checks and lower integration costs while maintaining security and risk controls.

Visa's long-term trend remains bullish despite recent weakness, with the stock trading 6.5% above its 100-day simple moving average of $344.51 and 9.6% above its 200-day SMA of $334.74.