Seeking Alpha

Visa only mildly lower after $5B Wal-Mart suit

  • Shares of Visa (V) are only showing a mild reaction to a $5B lawsuit filed against it by Wal-Mart.
  • Retail analysts say plenty of risk tied to card swipe fees is already baked into the trading price of the global payment giants.
  • Visa is -0.7% premarket, while peer MasterCard (MA) is poking out a +0.1% gain.
Comments (1)
  • chopchop0
    , contributor
    Comments (3642) | Send Message
     
    Both are decently pulled back.... probably not terrible long-term buys here.
    28 Mar 2014, 12:33 PM Reply Like
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