Mastercard (MA) Stock Update: Post‑Christmas Trading, $14B Buyback Tailwind, Swipe‑Fee Risks, and What Wall Street Expects Next
Mastercard shares traded near flat at $579.63 late Friday, with light volume after the Christmas holiday. The company’s Q3 net revenue rose 17% to $8.6 billion, driven by strong cross-border and services growth. Holiday retail sales climbed about 4% year over year, according to early data from Visa and Mastercard. Broader U.S. equity markets also saw muted action in post-holiday trading.