Marqeta Inc. (NASDAQ:MQ) is a top-performing stock, with an 8.93% increase on Thursday to close at $4.88, thanks to slashing net losses by 87% in the third quarter. Net revenues rose by 28%, reaching $163 million, and adjusted EBITDA surged by 42.8% to $30 million. CEO and CFO Mike Milotich highlighted strong growth and improved profitability. Looking ahead, Marqeta anticipates further revenue growth, gross profit jump, and increased adjusted EBITDA margin for the fourth quarter. The company is a global card issuing platform offering modern payment solutions.

Read more at Yahoo Finance: Marqeta (MQ) Soars 8.9% on Q3 Blowout