Mastercard stock price dips after hours as layoffs plan and 2026 outlook sink in
Mastercard shares fell 0.9% to $538.79 in after-hours trading Friday after the company announced plans to cut about 4% of its global workforce, affecting over 1,400 jobs. The company reported a 22% rise in fourth-quarter net income to $4.1 billion and forecast a $200 million restructuring charge for the current quarter.