Visa stock drops after Trump revives 10% credit-card rate cap plan; what’s next for V
Visa shares fell 1.8% to $343.20 in after-hours trading Monday after President Trump called for a 10% cap on credit-card interest rates. The move fueled a broader selloff in card-linked stocks and heightened policy risk concerns. Traders are watching for big-bank earnings and updates before Jan. 20. About 13.2 million Visa shares changed hands, with the stock swinging between $337.54 and $346.37.