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Visa and Mastercard stock price trend by September 2024?
5
Resolution / Starting Odds
Stock prices increase • 33%
Stock prices decrease • 33%
Stock prices remain stable • 34%
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Story
Brooklyn Judge Rejects $30 Billion Swipe-Fee Settlement Between Visa, Mastercard and Retailers on Tuesday
Jun 25, 2024, 03:13 PM
A federal judge in Brooklyn has formally rejected a $30 billion settlement between Visa, Mastercard, and retailers aimed at capping credit-card swipe fees. The settlement, which was proposed as an antitrust measure to limit fees charged to merchants for accepting credit and debit cards, faced scrutiny earlier this month, telegraphing a potential setback. The judge's decision on Tuesday blocks Visa and Mastercard from moving forward with the proposed agreement, impacting the financial dynamics between the card issuers and merchants.
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Visa outperforms Mastercard • 25%
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Visa underperforms both • 25%
Visa outperforms both • 25%
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Visa outperforms Mastercard • 33%
Mastercard outperforms Visa • 33%
Both perform similarly • 34%
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Visa market share decreases • 25%
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