Why Is Marqeta (MQ) Stock Soaring Today : vimarsana.com

Why Is Marqeta (MQ) Stock Soaring Today

Shares of leading edge card issuer Marqeta (NASDAQ: MQ) jumped 6.4% in the morning session after the company reported third quarter results that beat Wall Street's expectations for revenue and Total Processing Volume, though EPS missed. Gross margin also improved significantly during the quarter, and free cash flow turned positive. The results were impressive, given the anticipated headwinds from the Cash App contract renewal that was signed last quarter. It is important to note that the terms o

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, What Happened , Wall Street , Total Processing Volume , Cash App , Marqeta , Free Cash Flow , Third Quarter Results ,

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