Wonder why MA is tanking but V is holding up well last few days. Earnings may have a role to play and perhaps MA's more Europe exposure, but still I am wondering if something else's up with MA that we need to be aware of? Any thoughts? DPD
I wouldn't over-think it too much. I would guess it's as simple as V beating and MA missing slightly in revs (although they still reported well). I don't think the discrepancy will last the year so patience is key.
Thx Philsags, that is a good perspective. Historically it seems like the two companies catch up with each other (if you look at the comparison chars going back a few years since both have been trading). That seems to imply MA may be a buying opportunity as it will eventually start catching up. Time to add to the position?