Visa Inc. (V) shares declined 1.54% to $324.18 in after-hours trading, underperforming its recent trend amid a broader market sell-off.
- The downturn was driven by significant losses in the NASDAQ (-2.03%) and S&P 500 (-1.47%) following concerns over AI infrastructure spending and strong labor data.
- Despite the dip, Visa recently posted a strong Q1 earnings beat with $10.90B in revenue and $3.17 EPS.
- Technical indicators show the stock is currently maintaining a position above its key support level of $321.20.