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Street Remains Bullish On Visa Following Coronavirus Guidance Cut


2 days ago by msn.com


Street Remains Bullish On Visa Following Coronavirus Guidance Cut

Visa Inc (NYSE: V) shares traded slightly lower Tuesday after the company said Monday afternoon that it expects to take between a 2.5% and 3.5% revenue hit from the coronavirus in the fiscal second quarter. The filing comes after payments competitors Mastercard Inc (NYSE: MA) and Paypal Holdings Inc (NASDAQ: PYPL) issued similar warnings to investors due to the outbreak. Visa said the international spread of the coronavirus has negatively... read more...



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