U.S. stock market valuing $17 billion in startup Marqeta

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U.S. stock market valuing $17 billion in startup Marqeta

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

In their debut week on Wednesday, the shares of the payments startup Marqeta Inc were set to go up in their U.S. stock market, giving it a valuation of nearly $17 billion.

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

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