Marqeta's Q3 Results Spark Stock Surge

Marqetas stock surged by over fourteen percent following the release of robust third-quarter financial results, exceeding revenue and guidance expectations. The company reported a twenty-seven point six percent increase in revenue, reaching one hundred sixty-three point three million dollars, and projected a five point six percent higher revenue for the fourth quarter. Despite operational improvements and a positive outlook, the stock remains twenty-eight percent below its fifty-two-week high.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.