Visa Stock Plunges 3.56% as Rathbones Group Cuts Stake

Generated by AI AgentAinvest Movers Radar
Monday, Apr 7, 2025 9:06 am ET1min read
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On April 7, 2025, Visa's stock experienced a significant drop of 3.56% in pre-market trading, reflecting investor concerns and market dynamics.

One of the key factors contributing to the decline in Visa's stock price is the reduction in holdings by Rathbones Group PLC. According to its latest 13F filing with the SEC, Rathbones Group PLC decreased its stake in Visa Inc.V-- by 0.1% during the fourth quarter. This move by a major institutional investor can often signal a shift in market sentiment and may influence other investors to follow suit, leading to a sell-off in the stock.

Additionally, the broader market conditions also played a role in Visa's stock performance. With S&P 500 futures down by 3.5% and Nasdaq futures off by 3.8%, the overall market sentiment was bearish. This negative market outlook likely contributed to the decline in Visa's stock price, as investors became more risk-averse and sought to reduce their exposure to equities.

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