Mastercard Stock Lost 7% In One Week, What’s Next?

mastercard stock (NYSE:MA) is down 7.2% over the past week, outperforming the S&P 500 (down 6.1%). Furthermore, a similar trend was observed in the last ten days (-13% vs -11%) and one month period (-7.5% vs -6.6%). In particular, record-high inflation, the Russia-Ukraine crisis and aggressive interest rate hikes by the Fed have increased the chances of the economy slipping into recession, prompting a recent stock market recovery.

The company, a leading global payment solutions provider, exceeded consensus estimates in the first quarter of 2022. Its net revenue grew 24% year over year to $5.2 billion, primarily driven by a 17% increase in gross-dollar volume, followed by a 53% increase in cross-border volume, and the number of switched transactions. 22% increase. In addition, there was a favorable reduction in operating expenses as a % of revenue. This translated into a 44% increase in net income to $2.6 billion, along with an increase in the top line. That said, the firm is heavily dependent on the level of consumer spending. Record-high consumer inflation and the Federal Reserve’s tough stance on interest rates are likely to hurt consumer spending levels.

Now, MasterCard isM.A.
Stocks going to fall further, or can we expect some recovery? We believe Mastercard stock has an over 80% chance of growth in the next month (21 trading days) based on our machine-learning analysis of trends in stock price over the past ten years. View our analysis Mastercard stock growth potential,

we guess MasterCard Evaluation About $407 per share, which is 31% higher than the current market price.

Twenty one day: MA -7.5%, versus S&P 500 -6.6%; underperforming market

(5% chance event; 80% increase chance over the next 21 days)

• mastercard stock 7.5% lost Over the past twenty one trading days (one month), a decrease of 6.6% compared to the broader market (S&P500)
• A change of -7.5% or more in twenty-one trading days is a 5% probability event, having occurred 127 times out of 2515 in the past ten years.
• Out of these 127 instances, the stock has seen positive momentum on 101 occasions over the next twenty-one trading days.
• This points to an 80% probability of the stock rising over the next twenty-one trading days.

Day ten: MA-13%, versus the S&P 500-11%; underperforming market

(1% chance event; 58% increase chance over the next 10 days)

• mastercard stock 13% decrease In the last ten trading days (two weeks), 11% decline compared to the broader market (S&P500)
• A change of -13% or more in ten trading days is a 1% probability event, having happened 33 times out of 2516 in the past ten years.
• Out of these 33 examples, the stock has seen positive momentum on 19 occasions over the next ten trading days
• This 58. points to% Probability of the stock to rise in the next 10 trading days

Day Five: MA -7.2%, versus the S&P 500 -6.1%; underperforming market

(3% chance event; 65% chance of increase over the next five days)

• mastercard stock drop of 7.2% The broader market (S&P500) improved by 6.1% in the five-day trading period ending 06/17/2022
• A change of -7.2% or more in five trading days (one week) is a 3% probability event, occurring 66 out of 2516 times over the past ten years.
• Out of these 66 cases, the stock has seen positive movement on 43 occasions in the next five trading days
• This points to a 65% chance of the stock rising over the next five days.

Stock prices across sectors have fallen sharply in recent months and we are now in a bear market for the first time since March 2020, when the COVID-19 outbreak triggered a market crash. We capture key trends in the Dow during and after major market crashes in our interactive dashboard analysis.market crash comparison,

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