Visa stock steadies after Argentina deal closes, with hot U.S. inflation data in focus
Visa shares slipped 0.1% to $316.37 after the company said it completed its acquisition of Prisma Medios de Pago and Newpay in Argentina. The deal remains subject to regulatory review. U.S. wholesale inflation data weighed on equities, with producer prices rising more than expected in January. Investors await Visa’s next earnings report on April 28.