Marqeta emblem is seen on a smartphone in entrance of displayed inventory graph on this illustration image taken June 9, 2021. REUTERS/Dado Ruvic/Illustration
June 9, 2021
(Reuters) – Shares of funds startup Marqeta Inc have been set to soar of their U.S. inventory market debut on Wednesday, giving the corporate a valuation of practically $17 billion.
At 10:38 a.m. ET, Marqeta’s shares have been indicated to open at $32 in comparison with its IPO worth of $27 per share.
(Reporting by Sohini Podder in Bengaluru)