Visa stock stumbles 5% in sudden dip, putting the brakes on its strong streak of annual gains

Visa Inc. shares took an unexpected hit today, dropping sharply by 5.23% to close at $351.98 on the New York Stock Exchange, as per a report. That’s a fall of $19.42 in a single trading session, a rare stumble for one of the most consistent performers in the global payments space, according to a Daily Chhattisgarh report.

Why did Visa stock drop?

The global payments giant's shares dropped after the Wall Street Journal reported that retail giants Walmart and Amazon revealed that they are planning to issue their own stablecoins, a move that could bypass traditional payment networks, reported Investopedia.

What does this mean for the payment industry?

The Wall Street Journal, in its report, pointed out that this move could shift billions of dollars in payment volume away from banks and card networks and would lead large merchants to limit transaction fees and tighten control over payment infrastructure.

How much did Visa lose?

The stock's sudden dip erased recent gains and left the stock down 5.05% over the past five days and 1.55% over the last month, as per Daily Chhattisgarh report. It’s a significant pullback, especially after a long stretch of growth that had given investors plenty of reason to be optimistic, according to the Daily Chhattisgarh report.

But is Visa still a strong long-term investment?

But for many long-term investors, today’s red numbers aren’t likely to spark panic, as Visa has climbed 11.18% over the past six months and 29.89% over the last year and remains up 10.49% in 2025 so far, as per the Daily Chhattisgarh report. Even with this drop, the broader trajectory of the stock is still up. According to the report, Visa's stock has given an 80.80% return over the past five years and a phenomenal all-time return of over 2,260%.

FAQs

What is a stablecoin and why does it matter?
It’s a digital currency and if major retailers use them, they might reduce using Visa or Mastercard.

Is Visa still profitable overall this year?
Yes. Even after this dip, it’s up 10.49% in 2025 so far.