Mastercard stock price pulls back after earnings pop as layoffs loom — what to watch next week
Mastercard shares closed at $538.79 Friday, down 0.9% after a 4.3% jump Thursday. The company beat profit forecasts, posted Q4 adjusted earnings of $4.76 per share on $8.8 billion revenue, and announced about 4% job cuts with a $200 million restructuring charge.