Visa Inc. The stock rose even as broader market signals remained mixed.
The approval marks an important step toward entering China’s domestic payments market. 50 level serves as a key support area.
A sustained decline toward that level could test the stock’s recent gains. See More: Top Value Stocks Earnings and Analyst OutlookVisa is scheduled to report fiscal fourth-quarter results on Oct.
98 a year earlier. Baird raised its price forecast to $430 on Monday.
