IPO history was made today with Visa's (V) record $17.9 billion offering. At $60 per share (where the stock opened in the secondary market), Visa's market cap is $58 billion. Below we highlight a chart of Visa's market cap versus MasterCard's (MA) market cap. As shown, Visa's is currently more than double that of MasterCard! In the first quarter of 2008, Visa had revenues of $1.49 billion. MasterCard hasn't released Q1 '08 revenue numbers yet, but current estimates are for $1.06 billion.
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