Mastercard shares slide 1.48% for second straight daily loss
Updated
Updated · MarketWatch · May 1
Mastercard shares slide 1.48% for second straight daily loss
12 articles · Updated · MarketWatch · May 1
The stock closed at $495.46 on Friday, with trading volume of 4.5 million shares, above its 50-day average of 3.5 million.
Mastercard underperformed rivals including Visa, JPMorgan Chase and Bank of America, even as the S&P 500 rose 0.29% and the Dow Jones Industrial Average fell 0.31%.
Shares finished 17.67% below their 52-week high of $601.77, reached on 22 August, during a mixed broader market session.
With Mastercard's stock plunging despite record earnings, are short-term headwinds masking deeper shifts in the payments industry?
As Mastercard accelerates into AI and digital assets, will its bold moves pay off—or expose it to new risks investors aren't seeing yet?
Could a proposed 10% credit card interest rate cap fundamentally reshape how millions access credit, and what would that mean for Mastercard's future?