MA is trading at -3.07% now at $548.88 amid broader pressure stemming from President Trump's proposal for a 10% cap on credit card interest rates.
- The proposed cap represents a significant reduction from the current average of 19-21.5%.
- Banking groups strongly oppose the measure, warning it will lead to reduced credit availability.
- This pressure overshadowed a recent Compass Point upgrade to Buy with a $735 target.