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.

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Source Fool.com