Shares of Mastercard Inc.
slipped 0.71% to $360.25 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 1.31% to 3,819.72 and Dow Jones Industrial Average
falling 0.39% to 31,270.09. This was the stock’s second consecutive day of losses. Mastercard Inc. closed $8.54 short of its 52-week high ($368.79), which the company reached on February 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Amazon.com Inc.
fell 2.89% to $3,005.00, Visa Inc. Cl A
fell 0.43% to $214.85, and Verizon Communications Inc.
rose 0.73% to $55.38. Trading volume (3.7 M) remained 617,431 below its 50-day average volume of 4.3 M.