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Here's Why You Should Hold Green Dot (GDOT) Stock for Now
GDOTGreen Dot(GDOT) ZACKS·2024-06-28 13:20

Green Dot Corporation (GDOT) is currently benefiting from strength in its GO2bank business and longstanding relationship with Walmart. Recent platform conversions have positioned the company for annualized cost savings. Future Potential Should Outperform Current Headwinds Green Dot's bottom line stayed weak in the first quarter of 2024 due to the sunsetting of portfolios and higher expenses. We expect the company's bottom line to gain strength going forward, driven by cost savings from platform conversions ...