Gary Norcross, our chairman and CEO will provide a business and strategy update; Stephanie Ferris, our president will discuss our operating performance; Woody Woodall, our chief financial officer will then review our financial results and provide forward guidance. Thanks, Nate, and thank you for joining us today.
What Happened It was a wild day for Marqeta Inc. (NASDAQ: MQ) as its stock price sank like a stone after the opening bell on Thursday, dropping some 34% at 9:37 a.m. ET. At 9:41 a.m., trading momentarily halted for a limit-up, limit-down (LULD) pause due to excess volatility.
Fidelity (FIS) expects to primarily utilize free cash flow through the end of 2023 to return capital to shareholders.