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Why Marqeta Stock Tumbled More Than 5% Today

·2-min read
Why Marqeta Stock Tumbled More Than 5% Today
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Next-generation payment card processing specialist Marqeta (NASDAQ: MQ) was a dud in Friday's stock market. This morning, he lowered his price target on the stock significantly; he now believes it is worth $25 per share, well down from his previous $38. The reasons for Beck's lower price target weren't immediately clear.

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