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Here's Why Marqeta Can Be a Long-Term Winner

TheMotleyFool

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Here's Why Marqeta Can Be a Long-Term Winner: https://g.foolcdn.com/editorial/images/718678/business-partnership-happy-handshake.jpg

Unprofitable tech stocks have been hit the hardest by the bear market, and the stock of Marqeta (NASDAQ: MQ) is a prime example, down about 80% since its initial public offering (IPO) in 2021.

On the flip side, Marqeta is demonstrating strong growth and is generating cash. It's going through short-term growing pains right now, but it has a recipe for long-term success. Looking for a great deal on a long-term winner? Take a look at Marqeta.

Marqeta provides customizable credit card software for business clients. It works with companies that need more than the available turnkey options, or that provide their own payments solutions and need a partner to develop them.

Source Fool.com

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