Mastercard shares closed at $518.36 following a tech-led market decline and a cautious valuation assessment from Freedom Capital.
- Freedom Capital recently upgraded rival Visa to "Buy," noting that Mastercard currently maintains a more expensive valuation.
- Truist Financial launched its first open banking integration powered by Mastercard’s open finance technology to enhance secure data connectivity.
- The partnership aims to scale digital ecosystem access for millions of U.S. retail and business banking customers.