2024-09-25 07:44
IndustryVisa sinks more than 5% on pending DOJ
Visa (V) seriously slumped on Tuesday afternoon after reports that the US Department of Justice (DOJ) was intent on bringing an antitrust case against the payments giant for allegedly holding an illegal monopoly over the US debit card market.
Visa is the worst-performing stock in the Dow Jones Industrial Average (DJIA) on Tuesday, down 5.5% at the time of writing. Visa contrasts sharply with Caterpillar (CAT), which has gained nearly as much in percentage terms as Visa has lost.
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Visa sinks more than 5% on pending DOJ
| 2024-09-25 07:44Visa (V) seriously slumped on Tuesday afternoon after reports that the US Department of Justice (DOJ) was intent on bringing an antitrust case against the payments giant for allegedly holding an illegal monopoly over the US debit card market.
Visa is the worst-performing stock in the Dow Jones Industrial Average (DJIA) on Tuesday, down 5.5% at the time of writing. Visa contrasts sharply with Caterpillar (CAT), which has gained nearly as much in percentage terms as Visa has lost.
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