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-0.00039226873974757 -0.00128378860281012 0.00274588117823259 0.00370872263034028 0.0106269167677056 0.00909350260323804 0.00813066115113035 0.0116610798088581
Stock impact report

How to Trade Mastercard Stock After Positive Reaction to Earnings [TheStreet.com]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: TheStreet.com
Mastercard(MAGet ReportThe stock opened with a price gap higher. It traded as high as $285, then consolidated under the influence of its 200-day simple moving average at $282.59 and its semiannual pivot at $282.86.The Purchase, N.Y., credit-card giant saw weakening global spending, but Mastercard is confident that the future looks bright.Here is the backdrop as reported by TheStreet.com.Mastercard has suspended its 2020 share buyback plans since it can't say how long or severe the covid-19 pandemic will be.I question the company’s positive notion as consumer confidence dropped sharply.The University of Florida’s Consumer Sentiment Index nosedived in April to its lowest reading since tracking began in 1985. Declining sentiment implies slowing spending via credit cards.The stock is not cheap as its p/e multiple is 34 with a dividend yield of 0.6%, according to Macrotrends.Mastercard has beaten earnings-per-share estimates in 19 consecutive quarters.The stock opened Wednesday at $278.45, Show less Read more
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