Why Marqeta Stock Sank on Thursday
Shares of digital payment technology specialist Marqeta (NASDAQ: MQ) dipped sharply on Thursday. The stock was down 14.2% as of 10:45 a.m. EDT.
The stock's decline comes even as the tech company's revenue grew rapidly and easily beat analyst estimates. But a worse-than-expected loss per share for the quarter may have spooked some investors.
Source Fool.com