The Financial Select Sector SPDR ETF, tracking U.S. financial services stocks, closed Friday around 0.2% lower at $53.44. Visa dropped about 3%, American Express dipped nearly 2%, and Mastercard also edged down. JPMorgan Chase & Co. and Goldman Sachs Group saw slight declines.
Shares of Mastercard Incorporated slipped 0.9% on Friday, closing at $538.79. This pullback pared some of the strong gains seen a day earlier following the company’s quarterly earnings release. The stock fluctuated between $535.23 and $543.76, with around 4.31 million shares changing hands.
Mastercard shares ended Friday at $538.79, slipping 0.91% following a 4.29% surge the previous day. The stock fluctuated between $535.23 and $543.76, with roughly 4.31 million shares changing hands.
Shares of Mastercard Incorporated dipped on Friday, retreating from the gains seen after its quarterly earnings. Payment stocks broadly pulled back, with Mastercard down roughly 1.2% to $537.26. Visa dropped about 2.6%, and American Express fell nearly 3.7%.
Mastercard shares jumped 4.2% to $543.73 in after-hours trading Thursday, following an earnings beat and the announcement of a 4% cut to its workforce.
Visa beat expectations with its fiscal first-quarter earnings and revenue, buoyed by stronger cardholder spending, though shares dipped in after-hours trading. The payments giant posted adjusted earnings of $3.17 per share on revenue of $10.9 billion, topping estimates. Still, the stock fell roughly 1.4% following the release.
Shares of Capital One Financial Corporation edged up roughly 0.2% to $218.76 in afternoon trading Thursday. The stock fluctuated between $217.44 and $223.00, with around 2.3 million shares changing hands.
Shares of Visa Inc ticked higher Thursday while the broader U.S. market slipped, as investors geared up for the payments giant’s quarterly earnings out after the bell. By 11:41 a.m. EST, Visa stock was trading around $329.82, up roughly 0.9% from Wednesday’s close at $326.98.
Mastercard Incorporated shares ticked up slightly in after-hours trading Wednesday, shortly after the 4 p.m. ET close, as investors braced for its quarterly report. The stock edged higher by roughly 0.2% to $521.37, having fluctuated between $518.24 and $523.65. Roughly 5.5 million shares traded hands. Meanwhile, Visa gained about 0.5%, while American Express dipped close to 0.7%.
Shares of Mastercard Inc slipped slightly on Wednesday, losing roughly 0.1% to hit $519.71. Earlier in the session, the stock fluctuated between $518.24 and $523.11.
Shares of Mastercard Incorporated dipped 1.3% during Tuesday’s regular trading, closing at $520.41 after starting the day at $527.65. The stock fluctuated between $519.62 and $530.32 before settling, then held steady in after-hours trading as investors awaited the company’s upcoming quarterly earnings.
Shares of Visa Inc dipped in after-hours trading Tuesday as investors digested changing prospects for a U.S. credit-card routing mandate and braced for the payments processor’s quarterly report due later this week.
Shares of Mastercard Incorporated ended Monday up roughly 0.5%, closing at $527.36, and showed little movement in after-hours trading. The stock fluctuated between $522.70 and $530.23, with around 4.8 million shares traded.
Mastercard shares closed near $524.76 Monday, after trading between $523.37 and $530.00 during the session. Visa stayed flat while American Express slipped, leaving no standout performer in the payments sector.
Mastercard Incorporated shares dipped 1.52% to close at $524.74 on Friday, wrapping up the week on a weaker note before a busy slate of events hits the payments and financial sectors.