Mastercard Inc. stock rises Friday, still underperforms market

Mastercard Inc. stock rises Friday, still underperforms market

Shares of Mastercard Inc. MA, +0.62% inched 0.62% higher to $380.08 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.77% rising 0.77% to 4,128.80 and the Dow Jones Industrial Average DJIA, +0.89% rising 0.89% to 33,800.60. This was the stock’s sixth consecutive day of gains. Mastercard Inc. closed $9.42 short of its 52-week high ($389.50), which the company achieved on March 11th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Amazon.com Inc. AMZN, +2.21% rose 2.21% to $3,372.20, Visa Inc. Cl A V, +0.82% rose 0.82% to $222.52, and American Express Co. AXP, +0.50% rose 0.50% to $147.78. Trading volume (2.4 M) remained 1.8 million below its 50-day average volume of 4.3 M.

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