Visa Drops After Paring Revenue Forecast for Fiscal Year
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Visa Inc., the biggest component in the Dow Jones Industrial Average, fell the most in three months after reducing its revenue forecast for the rest of the fiscal year.
Visa slid 4.5 percent to $212.71 at 10:31 a.m. in New York after dropping as much as 5.1 percent, the most intraday since April 25 and the worst performance in the 30-company Dow, which declined 0.6 percent.