1 Cash-Rich Fintech Down 80% -- Is It a Buy?

By Matt Frankel – Sep 2, 2022 at 8:00AM

NASDAQ: MQ

Marqeta

Market Cap

$3B

Today's Change

(-2.48%) -$0.14

Current Price

$5.51

Price as of April 24, 2024, 4:00 p.m. ET

This innovative company has posted impressive results, but the stock has been beaten down anyway.

Marqeta (MQ -2.48%) isn't exactly a household name, but its technology is behind some of the most popular payment solutions in the world. In this video, Matt Frankel, CFP® takes a look at Marqeta's latest results and growth potential to see if it's a good long-term buy now.

*Stock prices used were the midday prices of Aug. 30, 2022. The video was published on Sept. 1, 2022.

Matthew Frankel, CFP® has no position in any of the stocks mentioned. The Motley Fool recommends Marqeta, Inc. The Motley Fool has a disclosure policy.

Matthew Frankel, CFP, is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/frankel, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.