Why Mastercard Stock Dropped 11.8% in June
Few stocks were immune from the market meltdown in June, including Mastercard (NYSE: MA), which dropped 11.8% in the month, according to data from S&P Global Market Intelligence.
The credit processor and payment provider underperformed the S&P 500, which was down 8.4% in June, and the Nasdaq Composite, down 8.7% for the month. Mastercard is down about 10% year to date as of July 7.
Source Fool.com
