Payment Giant Lags Ahead of Earnings: Buying Opportunity or Warning Sign?

I still remember Visa’s initial public offering back in 2008.While it wasn’t the best market environment for an IPO, the initial price decline provided investors with an incredible opportunity. The stock fell under (split-adjusted) $10/share during the depths of the Great Recession.Fast forward sixteen years, and Visa celebrated its anniversary by hitting an all-time high last month of $290/share.The stock has since pulled back along with the general market. Fiscal second-quarter earnings from the payment t ...