Mastercard Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Mastercard Inc. (MA) inched 0.65% higher to $366.29 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.92% to 4,713.07 and the Dow Jones Industrial Average rising 0.51% to 36,252.02. The stock's rise snapped a four-day losing streak. Mastercard Inc. closed $35.21 short of its 52-week high ($401.50), which the company reached on April 28th.
The stock underperformed when compared to some of its competitors Tuesday, as Amazon.com Inc. (AMZN) rose 2.40% to $3,307.24, Visa Inc. Cl A (V) rose 1.14% to $214.38, and American Express Co. (AXP) rose 0.94% to $175.38. Trading volume (4.1 M) remained 997,840 below its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 11, 2022.
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January 11, 2022 17:08 ET (22:08 GMT)
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