Mastercard Not Being Rewarded For Q4 Beat

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Mastercard Inc MA shares are trading lower by $3.00 at $106.30 in Tuesday's session. Despite a Q4 EPS beat of a penny along with a slight revenue beat, the issue is in the red.

After a lower open, it found early support at $105.50 and quickly rebounded to $107.10 before resuming its decline. That low marked the lowest level for the issue since January 4 when it bottomed at $104.86. Its 2017 low was made the day before at $104.11.

Even with today's decline, the issue is still fairly close to its all-time high ($111.07) and all-time closing high ($110.19) that were both made on January 25.

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