Mastercard Inc. Stock Falls Friday, Underperforms Market
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Shares of Mastercard Inc. (MA) slid 4.08% to $334.75 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.91% to 3,900.86 and Dow Jones Industrial Average falling 2.73% to 31,392.79. This was the stock's third consecutive day of losses. Mastercard Inc. closed $65.17 short of its 52-week high ($399.92), which the company achieved on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Amazon.com Inc. (AMZN) fell 5.60% to $109.65, Visa Inc. Cl A (V) fell 3.20% to $199.51, and American Express Co. (AXP) fell 4.08% to $154.42. Trading volume (3.3 M) remained 13,024 below its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 10, 2022.
(END) Dow Jones Newswires
June 10, 2022 17:05 ET (21:05 GMT)
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