finance.yahoo.com

Mastercard shares jump 2.7% as Q2 revenue and profits rise

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Sig1.92Sen+3.70Env0.00Soc0.00Gov0.00

Mastercard stock rose about 2.7% to $596.315 Monday, nearing the $598.34 session high amid a shift into financial stocks. Second-quarter net revenue increased 14% to $9.28 billion, with adjusted operating income up 16% to $5.67 billion. Cross-border volume grew 12%, and value-added services revenue jumped 18%, highlighting momentum beyond transaction growth.

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