UPDATE 1-Card issuer shares decline as new regulation looms | Reuters


CHARLOTTE, N.C., May 14 (Reuters) – Shares of four major U.S. credit card issuers fell amid a broad industry selloff on Friday after a U.S. Senate vote to limit credit and debit card fees.

Shares of Visa Inc (V.N) dropped 8.5 percent to $78.40, while MasterCard Inc (MA.N) fell 7.5 percent to $214.86.

via UPDATE 1-Card issuer shares decline as new regulation looms | Reuters.

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