Visa stock drops due to lawsuit

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The stock price of Visa has plummeted 4.25% at the start of September 24 US trading. The drop was caused by the announcement that the US Department of Justice that it is set to sue the company for allegedly monopolizing the US debit-card market.

The upcoming lawsuit is set to extend the stock decline, if it drags on or the company would be fined a massive fine in the antitrust lawsuit. On the other hand, a failure of the DoJ is set to cause a recovery of the share price.
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