Marqeta (MQ) Blasts to Record High on Expansion to Europe

We recently published 10 Hot Stocks Making Winning Look Easy. Marqeta, Inc. (NASDAQ:MQ) is one of the best-performing stocks on Thursday.

Marqeta Inc. saw its share prices jump to a new all-time high on Thursday as investor sentiment was boosted by the completion of its acquisition of TransactPay and a higher revenue outlook for full-year 2025.

In intra-day trading, the company jumped as high as 20.4 percent to $6.84 before ending the day up by 20.25 percent at $6.83 apiece.

In a separate statement alongside its earnings performance, Marqeta, Inc. (NASDAQ:MQ) said it has completed the acquisition of TransactPay, paving the way for its expansion program in Europe, including the UK.

“With the combined capabilities of TransactPay and Marqeta, we’re helping our customers address these fundamental payment needs,” said Marqeta, Inc. (NASDAQ:MQ) Europe and UK CEO Marcin Glogowski.

“Our business in Europe continues to grow, with total processing volume more than doubling year-over-year. This acquisition furthers this growth and demonstrates our commitment to the European and UK markets as part of our overall global strategy,” he added.

In other news, Marqeta, Inc. (NASDAQ:MQ) swung to a net loss of $647,000 from a net income of $119 million in the same period last year. Revenues grew by 20 percent to $150 million from $125 million year-on-year.

For full-year 2025, the company raised its revenue growth guidance to 17 to 18 percent from 13 to 15 percent previously.

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