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B. Riley Asset Management LLC Has $2.48 Million Position in Marqeta, Inc. (NASDAQ:MQ)

B. Riley Asset Management LLC lowered its position in Marqeta, Inc. (NASDAQ:MQ – Free Report) by 19.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 509,513 shares of the company’s stock after selling 120,150 shares during the quarter. B. Riley […] ....

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Swiss National Bank Trims Stake in Marqeta, Inc. (NASDAQ:MQ)

Swiss National Bank reduced its position in Marqeta, Inc. (NASDAQ:MQ – Free Report) by 6.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 842,500 shares of the company’s stock after selling 56,900 shares during the period. Swiss National Bank owned 0.16% of Marqeta worth $4,103,000 at the […] ....

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Marqeta (NASDAQ:MQ) PT Raised to $9.00 at Truist Financial

Marqeta (NASDAQ:MQ – Free Report) had its target price upped by Truist Financial from $8.00 to $9.00 in a research note issued to investors on Tuesday morning, Benzinga reports. The brokerage currently has a buy rating on the stock. A number of other equities research analysts have also recently commented on MQ. Mizuho increased their […] ....

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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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