What Marqeta's CEO Stepping Down Means for You

Financial technology company Marqeta (NASDAQ: MQ) shocked investors during its second-quarter earnings call by announcing that chief executive officer and founder Jason Gardner was stepping down from his operations role.

Wall Street didn't take kindly to the news, sending the shares down more than 20%; they have yet to recover. A ship losing its captain is always big news, but it doesn't have to be a reason to sell the stock. Here is how Marqeta's bombshell announcement could affect long-term investors.

Some of the world's largest companies today started as small operations, sometimes out of a garage or a basement. It takes effort, talent, and luck to build a business and make it successful enough to hit the public markets.

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Source Fool.com