Mastercard says coronavirus to hit first-quarter revenue
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(Reuters) - Mastercard Inc said on Monday its net revenue in the first quarter will take a hit of between 2% and 3% over its previous forecast if the coronavirus outbreak persists through the quarter.The company's shares were down nearly 3% in extended trading.The company now expects revenue growth between 9% and 10% in the current quarter as the virus impacts travel and e-commerce across borders.The credit card issuer also expects that net revenue growth on a year-over-year basis in 2020 would..