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San Francisco-based Visa Inc. (V) operates a global electronic payments network and provides financial services worldwide. With a market cap of $566.6 billion, Visa is a leader in digital payments, facilitating value and information transfers among financial institutions, merchants, consumers, businesses, and governments.
Shares of this digital payment titan have underperformed the broader market over the past year. V has gained 26.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 35.5%. In 2024, V stock is up 19%, while the SPX is up 25.5% on a YTD basis.