Why Marqeta Sank 23.8% in September - NewsBreak

Marqeta is a tech platform that allows more modern and flexible credit and debit card solutions. It's handles key functions for many leading fintech players. Shares of card-issuing platform operator Marqeta (NASDAQ:MQ) fell by 23.8% in September, according to data from S&P Global Market Intelligence. There wasn't any specific bad news regarding the company last month to explain the slide. In fact, the only news out of the company consisted of press releases announcing more partnerships with leading fintech companies across the globe -- the type of thing the market would normally react positively to.