Marqeta shares plunge more than 30% on big forecast miss

Marqeta shares tumbled more than 30% in extended trading on Monday after the company issued weaker-than-expected guidance for the fourth quarter.Here's how the company did compared with Wall Street estimates, based on a survey of analysts by LSEG:Loss per share: 6 cents, adjusted vs. 5 cents expectedRevenue: $128 million vs. $128.1 million expectedWhile third-quarter results showed a slight disappointment on the top and bottom lines, Marqeta's forecast for the current period was more concerning.The payment ...