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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 -0.17% 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 -0.90% and S&P 500 /zigman2/quotes/210599714/realtime SPX -1.13% in losses, after Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN -3.02% 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
$ 214.32
-0.36 -0.17%
Volume: 7.03M
Jan. 20, 2022 3:59p
P/E Ratio
39.17
Dividend Yield
0.70%
Market Cap
$452.17 billion
Rev. per Employee
$1.12M
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,714.19
-314.46 -0.90%
Volume: 308.35M
Jan. 20, 2022 3:59p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,481.39
-51.37 -1.13%
Volume: 2.20B
Jan. 20, 2022 3:59p
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/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 3,031.50
-94.49 -3.02%
Volume: 2.89M
Jan. 20, 2022 3:59p
P/E Ratio
59.60
Dividend Yield
N/A
Market Cap
$1585.33 billion
Rev. per Employee
$352,824
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