Marqeta says it will 'take restructuring actions,' stock falls after earnings

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Shares of Marqeta were falling 8% in after-hours trading Tuesday after the card-issuing company logged a wider GAAP loss than expected for its latest quarter.

Shares of Marqeta Inc. were falling 8% in after-hours trading Tuesday after the card-issuing company logged a wider-than-expected GAAP loss for its latest quarter and said it would “take restructuring actions” in the current quarter.

The... Shares of Marqeta Inc. were falling 8% in after-hours trading Tuesday after the card-issuing company logged a wider-than-expected GAAP loss for its latest quarter and said it would “take restructuring actions” in the current quarter.

 

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