Mastercard Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Mastercard Inc. (MA) inched 0.28% higher to $367.31 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.28% to 4,726.35 and the Dow Jones Industrial Average rising 0.11% to 36,290.32. This was the stock's second consecutive day of gains. Mastercard Inc. closed $34.19 below its 52-week high ($401.50), which the company achieved on April 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Amazon.com Inc. (AMZN) fell 0.09% to $3,304.14, Visa Inc. Cl A (V) rose 0.62% to $215.71, and American Express Co. (AXP) fell 0.52% to $174.47. Trading volume (5.8 M) eclipsed its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 12, 2022.
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January 12, 2022 17:08 ET (22:08 GMT)
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