Marqeta's Revenue Is About to Be Cut in Half. Here's Why It's a Screaming Buy.

Like a lot of payment stocks, fintech player Marqeta (NASDAQ: MQ) has been heavily sold off over the past year amid economic uncertainty. Marqeta's technology platform manages flexible physical and virtual card programs across a range of applications, from fintech companies to food delivery companies, and from enterprises managing employee spending to retailers that want to manage their own card programs for customers.

And if higher interest rates and a slower economy weren't enough, starting this upcoming quarter, investors can look forward to seeing Marqeta's revenue get cut in half.

Sound ominous? Actually, it may be the opposite. Two insiders just made big bets that the stock will go higher.

Continue reading


Source Fool.com