AKO Capital acquired 1.65 Million Visa shares worth $445 Million. That's 6.44% of their entire equity portfolio (3rd largest holding). The first Visa trade was made in Q4 2016. Since then AKO Capital bought shares sixteen more times and sold shares on twelve occasions. The stake costed the investor $283 Million, netting the investor a gain of 57% so far.
Discover company''s stock jumped by more than 10% instantly on the New York exchange. Such a rapid increase is remarkable in itself, but there is more to it....
Forexlive, about 2 months agoThe acquisition, which would give Capital One access to Discover’s payments network, aims to create a bigger competitor to Visa and Mastercard.
The Wall Street Journal, about 2 months agoPaypal (NASDAQ: PYPL ) has had it rough. In putting together this PYPL stock forecast, I decided to look at the broader sector. Payment stocks are doing well...
InvestorPlace, 2 months agoBMO Capital analyst Rufus Hone maintained Mastercard Inc (NYSE: MA ) with an Outperform and raised the price target from $480 to $490 . On Wednesday, Masterc...
Benzinga, 3 months ago