Shares of Mastercard Inc.
slid 3.47% to $354.57 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 2.45% to 3,829.34 and Dow Jones Industrial Average
falling 1.75% to 31,402.01. The stock’s fall snapped a three-day winning streak. Mastercard Inc. closed $14.22 short of its 52-week high ($368.79), which the company achieved on February 24th.
The stock underperformed when compared to some of its competitors Thursday, as Amazon.com Inc.
fell 3.24% to $3,057.16, Visa Inc. Cl A
fell 2.59% to $213.75, and Verizon Communications Inc.
fell 1.09% to $56.50. Trading volume (5.2 M) eclipsed its 50-day average volume of 4.2 M.