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Marqeta Valued At More Than $17B in Nasdaq Debut
source link: https://fintechranking.com/2021/06/09/marqeta-valued-at-more-than-17b-in-nasdaq-debut/
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Marqeta Valued At More Than $17B in Nasdaq Debut
Shares of Marqeta, an Oakland-based modern card issuing platform, popped on the first day of trading Wednesday, closing at $30.52 per share, up 13 percent from opening price of $27, CrunchBase reports.
Marqeta now has a market value of $17.3 billion, according to Yahoo, which is based on 586 million of outstanding shares.
Read more: CrunchBase News
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