Marqeta Stock Sinks 38% After Cut to Growth Forecast – Barron's

Marqeta’s stock took a nosedive, dropping 38% after the company slashed its growth forecast. The unexpected cut to the outlook caused investors to sell off their shares, resulting in a significant decrease in the stock price. The news was reported by Barron’s, a reputable source for financial news. Investors are now closely monitoring the company’s next moves to see if they can regain trust and confidence in Marqeta’s future prospects.