Wall Street May Be Selling This Fintech Stock, but I'm Buying. Here's Why

This company is doing far better than most of Wall Street realizes. Fintech card issuer Marqeta (MQ -0.19%) went public in the summer of 2021, and the market has mercilessly sold it down ever since. The stock peaked near $33 shortly after its IPO but has drifted as low as $3 and is hanging around $5 today. Investors should be careful about letting price action define the company behind the stock. Was Marqeta expensive at over $30? Did the stock deserve to trade for a few dollars per share? The truth is usua ...