NasdaqGS:MQDiversified Financial
Marqeta (MQ) Valuation Check After $100 Million Share Buyback Amid Revenue and Margin Challenges
Marqeta (MQ) just rolled out a new share repurchase program of up to $100 million. This capital allocation move stands out given its recent revenue declines and margin pressure.
See our latest analysis for Marqeta.
The buyback news lands after a choppy stretch for Marqeta, with a 32.44% year to date share price return but a weaker 3 year total shareholder return of negative 24.12%. This suggests momentum is only cautiously rebuilding around the current 4.94 dollar share price.
If this capital...