Why Visa Stock Got Clocked Today
A rather alarming analysis of the disruptive effects of artificial intelligence (AI) on white-collar jobs sent the stock market into a panic on Monday. This helped push down the share prices of numerous prominent companies across several sectors. Most notably in the financial industry, (NYSE: V) took it on the chin with an almost 5% decline on the day.
On Sunday, an independent research firm, Citrini Research, published an article on Substack hypothesizing about the far-reaching effects of greater AI implementation.
Image source: Visa.
Source Fool.com
Visa Inc. A Stock
€261.20
0.600%
The stock is an absolute favorite of our community with 39 Buy predictions and no Sell predictions.
With a target price of 347 € there is a positive potential of 32.85% for Visa Inc. A compared to the current price of 261.2 €.
