Mastercard Inc. Stock Falls Wednesday, Underperforms Market
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Shares of Mastercard Inc. (MA) slid 1.52% to $360.73 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.97% to 4,532.76 and Dow Jones Industrial Average falling 0.96% to 35,028.65. This was the stock's second consecutive day of losses. Mastercard Inc. closed $40.77 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 1.65% to $3,125.98, Visa Inc. Cl A (V) fell 0.48% to $214.68, and American Express Co. (AXP) fell 2.88% to $161.39. Trading volume (4.4 M) remained 658,033 below its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 19, 2022.
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January 19, 2022 17:08 ET (22:08 GMT)
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