Visa Shares Hit 52-Week High On Return Of Spending By Investing.com
By Dhirendra Tripathi Investing.com – Visa (NYSE:V) rose more than 2% to a 52-week high Wednesday as the company's March quarter numbers showed a return to positive growth for credit card transactions. Debit and e-commerce growth also came at healthy levels. The pandemic first led to more buyers ordering stuff online not just for immediate consumption but also for stocking up. Spending rose more recently as people stepped out, free after a year of lockdown. The company benefited from rising consumer spending after a year of lockdown in various countries. Payments volume...
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