Visa – FleetCor Technologies Inc. stock falls Tuesday, underperforms market
Shares of FleetCor Technologies Inc.
slid 1.34% to $279.85 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.13% to 3,881.37 and the Dow Jones Industrial Average
rising 0.05% to 31,537.35. The stock’s fall snapped a five-day winning streak. FleetCor Technologies Inc. closed $19.61 short of its 52-week high ($299.46), which the company reached on February 25th.
The stock underperformed when compared to some of its competitors Tuesday, as Visa Inc. Cl A
rose 1.82% to $212.11, Mastercard Inc.
rose 2.87% to $350.42, and Fidelity National Information Services Inc.
rose 0.88% to $136.72. Trading volume (1.2 M) eclipsed its 50-day average volume of 605,023.