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Here's Why Green Dot Stock Was Soaring on Wednesday


The stock market was having a strong day on Wednesday in reaction to the Georgia Senate runoff election results, and the financial sector was one of the biggest winners. But banking technology company Green Dot (NYSE: GDOT) was a big standout. As of 1:50 p.m. EST, Green Dot shares had gained 10% for the day.

On Wednesday, Green Dot revealed a new checking account product called GO2bank, the company's latest banking solution aimed at customers who don't have traditional bank accounts.

Image source: Getty Images.

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Source Fool.com

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