NasdaqGS:MQDiversified Financial
Marqeta (MQ) Valuation in Focus After Profit Growth Warning from New CEO
Marqeta (MQ) just made headlines, but not entirely for reasons that excite investors. The company confirmed that Mike Milotich, their interim leader with deep financial experience, is now officially taking the CEO spot. However, this leadership move came with a clear note of caution. At a recent investor conference, Milotich outlined how two major contract renewals are likely to reduce Marqeta’s gross profit growth by 4%, with the full impact expected to hit in 2026. While new leadership can...