Shares of Mastercard Inc.
shed 1.80% to $369.14 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.07% to 4,167.59 and the Dow Jones Industrial Average
rising 0.29% to 34,230.34. This was the stock’s fifth consecutive day of losses. Mastercard Inc. closed $32.36 short of its 52-week high ($401.50), which the company reached on April 28th.
The stock underperformed when compared to some of its competitors Wednesday, as Amazon.com Inc.
fell 1.25% to $3,270.54, Visa Inc. Cl A
fell 1.22% to $229.21, and American Express Co.
rose 1.20% to $156.39. Trading volume (2.3 M) remained 1.5 million below its 50-day average volume of 3.8 M.