Here's Why Visa Is Plunging on Wednesday

The stock market was broadly lower on Wednesday morning, with all three major averages down by nearly 3% as of 10:45 a.m. EDT. Visa (NYSE: V) was having a particularly rough day, down more than 5%.

Typically Visa is less volatile than most other fintech stocks, and it also has held up much better than most of the financial sector during the COVID-19 pandemic. Plus, Visa actually reports its earnings after today's trading session, so it may seem odd that it's falling so much.

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Source Fool.com