Marqeta Shares Fall 40% Due to Regulatory Delays and Q4 Forecast
Hey FinTech Fanatic!
In a record plunge, shares of Marqeta Inc. fell more than 40% after disappointing fourth-quarter guidance left investors scrambling.
"Heightened regulatory scrutiny has delayed the timelines for getting clients card programs up-and-running," Chief Financial Officer Mike Milotich said on a conference call Monday after Marqeta
