Visa stock falls 3% after new filing revives focus on swipe-fee lawsuits
Visa shares fell 3.1% in Friday trading and were last unchanged after hours at $314.08, after touching a session low of $312.85. The payments company said in an SEC filing its board has authorized a successive exchange offer for its Class B stock once litigation-linked conditions are met, including a 50% reduction in estimated interchange reimbursement fees at issue in unresolved U.S. cases; it put those fees at about $39.4 billion as of Oct. 1, 2025, down from $49.6 billion as of Oct. 1, 2023, and said a further drop could come within weeks as claims in a 7-Eleven case are dismissed.