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Snap reports Q3 adjusted EPS 8c, consensus (1c) :wtf:

Snap Inc. (SNAP)
NYSE - Nasdaq Real Time Price.
10.81-0.05 (-0.46%)
At close: 03:59PM EDT
8.91 -1.90 (-17.58%)<---------------:caution:
After hours: 4:12PM EDT
 
Why Marqeta Stock Jumped Again Today
– Oct 20, 2022 at 1:48PM
Key Points
  • Marqeta investors should anticipate more volatility in the short term. :sneaky:




NASDAQ: MQ
Marqeta, Inc.
MQ.png


Current Price
$7.26
Price as of October 20, 2022, 3:55 p.m. ET

Strong bank earnings and better-than-expected results from tech companies sent the stock higher.

What happened

Shares of Marqeta (MQ 6.53%), a card issuer and payment processor, were soaring today on no company-specific news. Instead, investors are continuing their bullish outlook on the stock after several banks reported better-than-expected financial results this week.

Investors are betting that the latest quarterly results from a handful of banks are an indicator that the economy may be stronger than previously thought. As a result, Marqeta's stock is soaring 9.2% as of 12:57 p.m. ET.

Strong bank earnings helped lift Marqeta's stock earlier this week, and it appears that investors are continuing their optimism on that news.


Now what
Marqeta shareholders will get a clearer picture of how the company is doing when it reports its third-quarter financial results on Nov. 9.

Investors should keep in mind that with inflation still at a near 40-year high and the Federal Reserve poised to raise interests rate again in November and December, there could be much more volatility from Marqeta's stock in the near term.;)



Should you invest $1,000 in Marqeta, Inc. right now? YES!

Re enter this week....
 
insane. can't believe where things have ended up...
Hey you. Yeah I know lol, it's a good thing though... just think about how much we learned.
I can kick myself for falling for those effing SPAC's.
And our self proclaimed guru/leader here... he's just as guilty as I am.
>>> That would be YOU Stoney. :cool:

The Crew is back Van!!! Nobody can stop us now....
It is now.
Newbie's around somewhere.

 
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