Visa Charges Toward New All-Time Closing High -- WSJ
Dow Jones2026/08/24 19:18By Shradha Dinesh
Visa shares jumped nearly 3% in Monday afternoon trading, positioning the payments giant for a new all-time closing high, based on data going back to 2008. Shares are currently hovering around $381.
The gain sets Visa on course for its fifth consecutive winning day; shares climbed about 6% over the period. This would be the company's first new record close since June 2025.
Visa reported higher revenue in its late-July earnings, citing resilient consumer and business spending.
Earlier this month, Bill Ackman's Pershing Square Capital Management revealed a new position in the fintech giant, held as of June 30. At current prices, the stake would be worth about $1.25 billion.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
August 24, 2026 15:18 ET (19:18 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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