What is going on with VISA? Strong earnings yesterday - but down $5 today. Why?
Is there a reason?
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most of the market is down today. It'll bounce back.
sell the news reaction...after hours were up though ,,i need to check this out
more
Do you think all the credit card spending at the Olympics is going to have a
large increase in revenue for V and MC?
1 months ago - Report Abuse
MasterCard shares are sharply lower despite the company exceeding analyst
estimates. The reason stems not from the litigation losses but rather from
management's guidance to lower levels of growth for the rest of 2008. Clearly,
the stock was too pricey when it traded above $300. Given the current U.S.
economic environment, MasterCard is more fairly priced in the mid $200s, which
is exactly where the market has it.
people worried about looming credit card crunch, possible V slow down
go look at MA, MA ruined it for V
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