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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.

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Source Fool.com

Visa Inc. A Stock

€314.10
0.430%
Visa Inc. A gained 0.430% compared to yesterday.
The stock is an absolute favorite of our community with 44 Buy predictions and no Sell predictions.
With a target price of 346 € there is a slightly positive potential of 10.16% for Visa Inc. A compared to the current price of 314.1 €.
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