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MA: $519.42/sh
V: $159.84/sh
AXP: $59.50/sh
DFS: $39.09/sh
MC stock goes for more than Apple nowadays...
In terms of market cap ( share price x # of shares outstanding) a quick Google search indicates that visa is worth about 110 billion, whereas mastercard is worth about 65 billion.
So the short answer is that visa just has a significantly higher number of shares outstanding than mc does, which in turn dilutes the price of 1 visa share relative to mc.
You seem to missing one important factor, a companies market capitalization is price of shares * number of shares, price tells you nothing.
So in fact, MC's market cap is 64.54bn, Visa is106.95bn
Edit: beaten by OptimusPrime!
I see, I see.
Shows how little this lawyer knows about finance...
@nickn86 wrote:MA: $519.42/sh
V: $159.84/sh
AXP: $59.50/sh
DFS: $39.09/sh
MC stock goes for more than Apple nowadays...
It's not.The price of a share is not, itself, proportional to the value of an enterprise. You have to multiply it by the number of shares outstanding. V is worth about 80% more than MA.
Oops. I see others covered it. Need to read ahead.
Changes to Surcharging Fees in the United States
Beginning January 27, 2013, merchants in the United States and U.S. Territories will be permitted to impose a surcharge on consumers when they use a credit card.
The rest of the story is here. Monday could be interesting...
Current: Fico ScoresEQ~706 TU~719 EX 709 4/28/23 Inquiries (24 Months): EQ 0 TU 0 EX 0| Most Recent: A LONG WHILE | Buy A Home Earn Cash Back | Amex Zync(Unicorn) Chase Freedom$1500 Discover IT$7,400 Citi DC $10,000 Citizens Mastercard$7,000 |
@creditnocash wrote:
It doesn't effect a certain amount of states including Cali, Florida, and Massachusetts a few others Already many threads about this
(Sorry couldn't quote while I'm on my phone)
You are correct, old news. I was associating it to the stock topic and how this *may* have an effect on their valuation.