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Why Marqeta Stock Paid the Bills on Wednesday

·2 min read
Why Marqeta Stock Paid the Bills on Wednesday
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Shares of Marqeta (NASDAQ: MQ) charged sharply higher Wednesday, jumping as much as 18.1%. Marqeta revealed in a press release today that it will underpin "new innovative commercial card products for Bill.com's financial institution customers." Bill.com provides cloud-based software to help simplify and automate back-office financial processes for small- and medium-sized businesses, so this could represent a lucrative opportunity.