Why Shares of Marqeta Are Rising Today

·1 min read
Why Shares of Marqeta Are Rising Today

Shares of card issuer Marqeta (NASDAQ: MQ) had risen more than 10% as of 12:05 a.m. ET after fintech stocks rebounded and the company announced a new partnership. Fintech stocks have gotten hammered this month as signs of higher inflation and then the discovery of the omicron variant of the coronavirus hit the sector with a double whammy. Marqeta is down more than 30% over the last month.

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