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Visa (V) Unusual Cashtag Chatter

April 29, 2021

Visa (V) Unusual Cashtag Chatter

Cashtag Mentions for the multinational financial services company Visa (V) are showing unusual strength in 2021, up +104% YoY on a 90-day moving average (an all-time high).

After reporting strong earnings on Tuesday, Visa shares hit a new high price yesterday; the strong upward price action could be contributing to the increased focus from retail investors.

The steady trickle of crypto-related headlines that Visa has been teasing could also be bolstering mention volume…Regardless, the influx of Cashtag chatter could represent a bullish signal for the company.

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LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.

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