Mastercard stock slips on ex-dividend day as Apple Card network win, CPI loom
Mastercard shares fell 0.8% to $575.54 on Friday, underperforming a record-setting S&P 500. The stock traded ex-dividend for an 87-cent payout due Feb. 9. JPMorgan Chase will take over as Apple Card issuer, with Mastercard remaining as network partner. Investors await U.S. inflation data and Mastercard’s earnings date.