Shares of Mastercard Inc.
slipped 1.30% to $358.20 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.32% to 3,958.55 and Dow Jones Industrial Average
falling 0.31% to 33,066.96. This was the stock’s second consecutive day of losses. Mastercard Inc. closed $31.30 short of its 52-week high ($389.50), which the company achieved on March 11th.
The stock underperformed when compared to some of its competitors Tuesday, as Amazon.com Inc.
fell 0.66% to $3,055.29, Visa Inc. Cl A
fell 1.22% to $211.90, and Verizon Communications Inc.
fell 0.41% to $58.59. Trading volume (2.9 M) remained 1.6 million below its 50-day average volume of 4.5 M.