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Nov. 17, 2021, 11:01 a.m. EST

Visa stock leads Dow, S&P 500 losers, as it cuts Dow's price by nearly 80 points

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By Tomi Kilgore

Visa Inc.'s stock /zigman2/quotes/203660239/composite V -0.21% dove 5.6% toward a nine-month low in morning trading Wednesday, enough to pace the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.50% and S&P 500 /zigman2/quotes/210599714/realtime SPX -0.98% in losses, after Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN -2.34% said it will stop accepting Visa credit cards issued in the U.K. next year. Visa stock's price drop of $11.96 was cutting about 79 points off the Dow's price, while the Dow dropped 173 points, or 0.5%. The stock, currently on track to close at the lowest price since Feb. 3, has shed 7.1% year to date, while the Dow has gained 17.5%.

/zigman2/quotes/203660239/composite
US : U.S.: NYSE
$ 230.84
-0.48 -0.21%
Volume: 1.54M
Feb. 8, 2023 12:10p
P/E Ratio
32.91
Dividend Yield
0.78%
Market Cap
$472.52 billion
Rev. per Employee
$1.14M
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
33,984.31
-172.38 -0.50%
Volume: 0.00
Feb. 8, 2023 12:10p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,123.24
-40.76 -0.98%
Volume: 0.00
Feb. 8, 2023 12:10p
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/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 99.72
-2.39 -2.34%
Volume: 32.33M
Feb. 8, 2023 12:10p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1046.35 billion
Rev. per Employee
$333,539
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