Visa – FleetCor Technologies Inc. stock falls Wednesday, underperforms market
Shares of FleetCor Technologies Inc.
sank 0.31% to $271.36 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.19% to 4,195.99 and the Dow Jones Industrial Average
rising 0.03% to 34,323.05. This was the stock’s second consecutive day of losses. FleetCor Technologies Inc. closed $24.00 short of its 52-week high ($295.36), which the company reached on April 29th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Visa Inc. Cl A
fell 0.85% to $227.07, Mastercard Inc.
fell 1.24% to $362.65, and Fidelity National Information Services Inc.
fell 1.20% to $148.94.true Trading volume (347,842) remained 112,609 below its 50-day average volume of 460,451.