Visa doesn’t exist on an island, however.
V stock is up 800% over the past 10 years, for example.ħ Superstocks That Have Returned Over 10,000% in 30 Years For the past decade or so, it’s been an easy trade to own Visa and Mastercard (NYSE: MA) as the ultimate winners in the “war on cash.” As the world goes from cash to plastic, it’s made fortunes for the credit card companies. The meta-narrative driving payments stocks right now centers around disruption. However, despite all the volatility, the firm’s prospects actually remain bright. Given the one-two punch of the SPAC exodus and the payments panic, PSFE stock has collapsed. InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Weak earnings results from the likes of Visa (NYSE: V) have caused tremors, and the pain has been especially sharp in the legacy processing names such as Global Payments (NYSE: GPN) and Fiserv (NASDAQ: FISV). In recent weeks, the payments sector as a group has also tanked. A big part of that is from the deflating of the SPAC bubble. Now, though, shares are down by nearly two-thirds.
0 kommentar(er)
