Visa Inc. closed down -1.47% at $328.93, tracking the broader market decline driven by macro anxiety and tech rotation, despite the company announcing a new strategic partnership.
- The stock rebounded slightly in after-hours trading, rising +0.43% to $330.33.
- Investment firm Macquarie recently reiterated its Buy rating on the stock with a price target of $410, citing expected 15% revenue growth.
- The company announced a new partnership between Visa Direct and UnionPay on February 3.