Why Mastercard and Visa Stocks Both Just Popped
Shares of credit card companies Mastercard (NYSE: MA) and Visa (NYSE: V) -- ordinarily the fiercest of rivals -- are joining hands and running up the stairs together today, with Mastercard climbing 4.1% higher and Visa up 3.2% as of 2:55 p.m. EST.
The reason: Both charge companies are getting ready to raise their rates.
Image source: Getty Images.
Source Fool.com
