Mastercard stock falls despite Q2 earnings beat

A marked increase in revenues lifted Mastercard’s (MA) earnings, which surpassed analysts’ forecast in the second quarter. However, shares of the payment services provider slipped from an all-time high following the announcement Thursday amidst concerns over the continuing squeeze on portability from rising expenses. Adjusted earnings were $1.7 billion or $1.66 per share, higher than … Continue reading Mastercard stock falls despite Q2 earnings beat