Mastercard (MA) Stock IPO Hot
Posted on Fri 2nd Jun, 2006 02:38:04 AM
Since its debut at $39 per share just last week, Mastercard (MA) has been on a nice run. The stock traded to new all time highs today finishing the day up $2.57 to a close of $47.51. Why is this significant? That’s for you to decide, I am just the messenger letting you know. I use a mastercard almost daily, how about you? So far so good for investors holding this stock, and to those who traded for quick post IPO positions. With the close today the company has a market cap of $6.41 billion.
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