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Marqeta stock slumps toward worst day on record as CEO transition spooks some analysts

·5 min read
Marqeta stock slumps toward worst day on record as CEO transition spooks some analysts

Shares of Marqeta Inc. were on pace to log their worst slide on record in Thursday trading after the payment-technology company disclosed several executive transitions and underwhelmed some analysts by maintaining its expectations for the back half of the year.