6:59 PM · 19 March 2021

US Justice Department probing Visa over debit-card practices

Visa (V.US) stock plunged more 5.0%  after The Wall Street Journal said that the US Justice Department is investigating whether business practices at the payment processor’s debit-card business is leading to unlawful market dominance. According to WSJ,  the department's antitrust division is looking into allegations whether Visa limited the ability of merchants to route debit card transactions over card networks that are often less expensive.

Visa (V.US) stock is trading under pressure today. Price broke below the lower limit of the ascending channel and 200 SMA (red line). If the current sentiment prevails, downward move may be extended to the $200.59 handle. On the other hand, the nearest resistance lies at $211.03. Source: xStation5
25 June 2026, 6:57 PM

Daily summary: Semiconductors are swallowing Wall Street

25 June 2026, 6:24 PM

IBM shows a breakthrough: Leader of the next revolution?

25 June 2026, 5:45 PM

Apple Price Hikes: Memory costs weigh on the company’s and markets

25 June 2026, 4:36 PM

Micron earnings: Is perfection not enough anymore?

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits