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Should You Buy Marqeta Inc (MQ) Stock After it Is Lower By 24.71% in a Week?

Thursday, March 02, 2023 10:50 AM | InvestorsObserver Analysts

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Should You Buy Marqeta Inc (MQ) Stock After it Is Lower By 24.71% in a Week?

Overall market sentiment has been down on Marqeta Inc (MQ) stock lately. MQ receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Marqeta Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on MQ!

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With MQ Stock Today?

Marqeta Inc (MQ) stock is higher by 0.22% while the S&P 500 is down -0.27% as of 10:41 AM on Thursday, Mar 2. MQ is up $0.01 from the previous closing price of $4.50 on volume of 6,296,194 shares. Over the past year the S&P 500 has fallen -8.49% while MQ is down -60.99%. MQ lost -$0.34 per share in the over the last 12 months. To screen for more stocks like Marqeta Inc click here.

More About Marqeta Inc

Headquartered in Oakland, California, and founded in 2010, Marqeta provides its clients with a card-issuing platform that offers the infrastructure and tools necessary to offer digital, physical, and tokenized payment options without the need for a traditional bank. The company's open APIs are designed to allow third parties like DoorDash, Klarna, and Block to rapidly develop and deploy innovative card-based products and payment services without the need to develop the underlying technology. The company generates revenue primarily through processing and ATM fees for cards issued on its platform. Click Here to get the full Stock Report for Marqeta Inc stock.

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