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Mastercard Incorporated (MA), headquartered in Purchase, New York, provides transaction processing and other payment-related products and services. Valued at $418.18 billion by market cap, the company offers payment processing services for credit and debit cards, electronic cash, automated teller machines, and travelers checks.
Shares of this leading global payment solutions provider have underperformed the broader market over the past year. MA has gained 14.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 15.1%. In 2024 alone, MA’s stock rose 5.7%, compared to the SPX’s 9% rise on a YTD basis.