DJ Mastercard Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Mastercard Inc. $(MA)$ advanced 1.12% to $520.86 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.35% to 5,969.34 and the Dow Jones Industrial Average rising 0.97% to 44,296.51.
This was the stock's second consecutive day of gains.
Mastercard Inc. closed $13.17 short of its 52-week high ($534.03), which the company achieved on November 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as JPMorgan Chase & Co. $(JPM)$ rose 1.55% to $248.55, Visa Inc. Cl A (V) rose 0.01% to $309.92, and $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 1.16% to $47.00.
Trading volume (2.8 M) eclipsed its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2024.
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(END) Dow Jones Newswires
November 22, 2024 16:34 ET (21:34 GMT)
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