Welcome to the Reuters.com BETA. Read our Editor's note on how we're helping professionals make smart decisions.
Skip to main content


Shares of payments startup Marqeta set to soar in Nasdaq debut

1 minute read

Marqeta logo is seen on a smartphone in front of displayed stock graph in this illustration picture taken June 9, 2021. REUTERS/Dado Ruvic/Illustration

June 9 (Reuters) - Shares of payments startup Marqeta Inc (MQ.O) were set to soar in their U.S. stock market debut on Wednesday, giving the company a valuation of nearly $17 billion.

At 10:38 a.m. ET, Marqeta's shares were indicated to open at $32 compared to its IPO price of $27 per share.

Reporting by Sohini Podder in Bengaluru

Our Standards: The Thomson Reuters Trust Principles.

More from Reuters