Business · 5 days ago
Visa and Mastercard stocks reach record highs after Trump buy
Visa and Mastercard stocks recorded their first all-time high closes in over a year. Visa's stock rose 3.1% to $382.41, and Mastercard's increased 3.3% to $599.86. Analysts suggest inflation benefits these companies as they earn a percentage of transaction values. Aggregate spending has been strong, even if American shoppers are getting choosier about what they buy
Reported by morningstar.com · How we write briefs