Mastercard Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Mastercard Inc. MA slid 3.21% to $318.29 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 2.01% to 3,821.55 and Dow Jones Industrial Average DJIA falling 1.56% to 30,946.99. This was the stock's second consecutive day of losses. Mastercard Inc. closed $81.63 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 fell 5.14% to $107.40, Visa Inc. Cl A V fell 2.67% to $198.12, and American Express Co. AXP fell 1.46% to $142.19. Trading volume (3.4 M) remained 36,639 below its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 28, 2022.
(END) Dow Jones Newswires
June 28, 2022 17:06 ET (21:06 GMT)
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