Marqeta's Stock Plummets After Unveiling Lackluster Projections for Future Growth

Marqeta Inc., the innovative card-issuing platform known for its disruptive financial technology, experienced a dramatic decline in its stock price recently, recording the steepest drop in its history. The fallout came after the company released its third-quarter earnings report, which painted a grim picture for the future, disappointing investors who had anticipated more optimistic forecasts.

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