Mastercard stock price heads into Monday: MA closes higher as jobs data, AI fears set the next test
Mastercard shares rose 0.47% to $517.21 Friday, outperforming the S&P 500 and Dow declines. Investors are weighing AI’s impact on payment fees ahead of Friday’s U.S. jobs report, expected to show 60,000 new jobs. Mastercard executives will speak at investor conferences March 4 and 10. The stock trades at 25.7 times expected earnings, below its three-year average.