Mastercard Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Mastercard Inc. MA rose 2.16% to $317.40 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 2.45% to 3,764.79 and the Dow Jones Industrial Average DJIA rising 2.15% to 30,530.25. This was the stock's second consecutive day of gains. Mastercard Inc. closed $82.52 short of its 52-week high ($399.92), which the company reached on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Amazon.com Inc. AMZN rose 2.32% to $108.68, Visa Inc. Cl A V rose 2.31% to $194.39, and American Express Co. AXP rose 0.40% to $144.76. Trading volume (3.2 M) remained 208,926 below its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 21, 2022.
(END) Dow Jones Newswires
June 21, 2022 17:06 ET (21:06 GMT)
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