Market Overview

Mastercard Makes New All-Time High Following Q3 Beat


MasterCard Inc (NYSE: MA) shares are trading higher by $1.09 at $101.18 in Thursday's session. The catalyst for the rally to a new all-time high is a Q3 EPS beat of $0.03 with a slight miss for sales.

Following a flat open, it dipped to $99 before rebounding and surging passed its former all-time high made on Wednesday at $100.13, reaching $101.65 before retreating back the $101 area.

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.

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