Shares of Visa led all laggers on the Dow Thursday with a decline of 1.17%. The DJIA closed at 17,079.60, which is a -0.25% change from the previous day's close.
The Dow Jones Industrial Average is the oldest stock market index of the U.S. stock market, tracking the price performance of 30 blue chip companies. The Dow is a price-weighted index, which means it is calculated by the share price of its components.
Here are today's worst performers on the Dow.
Today's Worst Performers:
1. Visa ($V) posted the largest drop with a loss of 1.17% to $214.60 a share. Shares of Visa traded lower on volume of 2,740,266, as compared to its average of 2,549,583.
Visa, Inc. is a payments technology company that connects consumers, businesses, banks and governments in more than 200 countries and territories to fast, secure and reliable electronic payments.
In the past 52 weeks, Visa share prices have fallen 8.87%, from a high of $235.5. Visa has a P/E of 24.8. It also pays a dividend yield of 0.74%.
2. Boeing Co. ($BA) shares fell 0.85% today to $127.11 on volume of 3,059,501. Its average daily volume is 3,941,479.
Boeing Co designs, develops, manufactures, sells and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems and services.
Boeing Co. current price to earnings ratio (P/E) is 19.3. The company also carries a dividend yield of 2.28%. In the past 52 weeks, the share price of Boeing Co. has tumbled 12.08% from a high of $144.57.
3. Nike Inc. Cl B ($NKE) also comes in as one of today's worst performers with a loss of 0.83% to $78.82. Nike Inc. Cl B also pays a dividend yield of 1.2%.It has a current P/E ratio of 26.7.
Nike Inc designs, develops and markets footwear, apparel, equipment, and accessory products. It is a seller of athletic footwear and athletic apparel. It sells its products through NIKE-owned in-line and factory retail stores and internet websites.
Over the past 52 weeks, Nike Inc. Cl B share prices have fallen 1.84% from a high of $80.3. Shares of Nike Inc. Cl B traded lower on volume of 2,584,555, as compared to its average of 3,134,210
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All data provided by QuoteMedia and was accurate as of 4.30PM.