Marqeta, Inc. (MQ) News
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MQ News Highlights
- For MQ, its 30 day story count is now at 17.
- Over the past 25 days, MQ's stories per day has been in a clear uptrend, growing by about 0.16 per 2 days.
- The most mentioned tickers in articles about MQ are OKTA, AL and APPN.
Latest MQ News From Around the Web
Below are the latest news stories about MARQETA INC that investors may wish to consider to help them evaluate MQ as an investment opportunity.
Why Marqeta Stock Was Down 5.5% TodayPayment stocks slumped following the Fed's rate hike, and a Wedbush analyst's concerns didn't help matters. |
Marqeta 2022 State of Credit Report: Cost of Living Worries Weigh Heavily on US Consumers, As New Lending Options Provide Important Financial Support For ManyOAKLAND, Calif., September 22, 2022--The dueling anxieties of cost of living increases and rising interest rates are weighing heavily on consumers, and the quickly evolving credit card and BNPL markets are becoming increasingly important to their financial wellbeing, according to a new survey published today by Marqeta, the global modern card issuing platform. The company released its 2022 State of Credit report which surveyed 4,000 consumers globally – including 2,000 in the United States – hig |
UK Consumers Struggling With Cost-of-Living and Inflation, as Almost Half Report Finding It Harder to Make Minimum Monthly Credit Card PaymentsLONDON, September 22, 2022--Marqeta (NASDAQ: MQ), the global modern card issuing platform, has today released new research revealing that almost half (48%) of UK consumers surveyed are struggling to make minimum monthly payments on their credit cards as the cost-of-living crisis bites. The survey of over 1,000 UK consumers shows that as the UK shifts out of the pandemic into the cost-of-living crisis, consumers have simply moved from one financial worry to another. Credit is helping consumers to |
Marqeta Study: Credit Cards and Buy Now, Pay Later Services Rise in Popularity as Australian Consumers Face Dual Squeeze of Rising Interest and Inflation RatesMELBOURNE, Australia, September 22, 2022--Actively rising inflation rates and continued consumer uncertainty are denting Australian consumer confidence and raising awareness of credit and BNPL options, according to a new survey published today from Marqeta (NASDAQ: MQ), the global modern card issuing platform. The company released its annual State of Credit report for 2022, which surveyed 4,000 consumers globally – including 1,000 in Australia – highlighting consumer sentiment around spending tr |
This Fintech Stock Has 1 Dark Cloud on the HorizonCredit and debit card-issuing company Marqeta (NASDAQ: MQ) is an up-and-coming fintech; it helps power the payment technology behind many of the popular apps you use today. Here is what investors need to know and why Marqeta's share price could languish for a while. Instead, consider this: The company has a market cap of $4 billion, but holds $1.6 billion in cash on its balance sheet against zero debt. |
Why Marqeta Rallied on a Down Day for Tech StocksThe reason was pretty clear: Marqeta, which is a high-growth, money-losing company, announced a $100 million share repurchase authorization. You don't normally see high-growth software or fintech companies repurchasing shares at this stage of their corporate lives. Marqeta's innovative card issuing platform is still in high-growth mode, with revenue up a head-turning 53% last quarter. |
Marqeta announces $100 million buyback program with CEO saying stock price doesn't reflect company's performanceMarqeta Inc. announced Thursday that it has received board approval to buy back up to $100 million of its Class A shares. "The share repurchase program demonstrates the confidence our board and management team have in the strength of our business and future growth prospects," Jason Gardner, the company's chief executive, said in a release. "We see a specific moment-in-time opportunity for us to execute a share buyback program as we do not believe our current valuation reflects our performance or |
Marqeta Announces $100 Million Share Repurchase ProgramOAKLAND, Calif., September 15, 2022--Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced that its Board of Directors has unanimously authorized a share repurchase program of up to $100 million of Marqeta’s Class A common stock. |
Why Marqeta Stock Fell 4.1% TodayMarqeta (NASDAQ: MQ) took a hit on Tuesday as the stock price sank 4.1% on a day that all of the major indexes were down big. Marqeta actually got some good news on Monday, but it was not enough to offset the market sell-off on Tuesday. The August consumer price index (CPI) report was not what investors had hoped for. |
Marqeta Teams Up with Bread Financial™ to Help Deliver Seamless E-Commerce SolutionOAKLAND, Calif., September 12, 2022--Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced that it has been chosen by Bread Financial (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, to enhance the in-store checkout experience for shoppers using Bread PayTM, its flexible suite of Buy Now, Pay Later products. |