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Investor's Business Daily

Investor's Business Daily

Visa Faces DOJ Antitrust Suit; Credit Cards Shape Up, Metrics Improve

Investor's Business Daily
Summary
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85% Informative

U.S. Department of Justice is expected to file antitrust suit against Visa , Bloomberg reports.

Citi on Tuesday said it now prefers Mastercard over Visa due to the anticipated lawsuit.

Credit card metrics continue to improve in August , according to a SeekingAlpha report.

Shares of Visa trade below a 290.96 buy point for a 25-week flat base buy zone.