U.S. payments-related stocks fell on Monday as investors braced for the return of Covid restrictions and lockdowns to cut into international travel and spending.
The Bloomberg Digital Payments Index fell 2.4% to touch its lowest level since December. Shares of Mastercard Inc. sank for a fourth straight day, falling 5.4%, while rival credit card stocks Visa Inc. and American Express Co. also dropped.
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November 23, 2021 at 01:44AM
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Pandemic Resurgence Fears Send U.S. Payments Stocks Sliding - Bloomberg
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