Marqeta stock climbs 6% after bullish tweet from Citron Research

Shares of card issuing platform Marqeta (NASDAQ:MQ) rise as much as 8% after Citron Research highlights the recent partnership between Bakkt (NYSE:BKKT) and Mastercard (NYSE:MA) in a tweet. Citron "has much more to say" about how Marqeta (MQ) will benefit from the pact, which will enable Mastercard (MA) crypto partners to offer a range of crypto solutions and services. Recall earlier this month, Marqeta said it's powering crypto spending and rewards products for Bakkt (BKKT). Citron applies a $55 price target to the Marqeta (MQ), implying 115% upside from Friday's close. Previously, (Sep. 28) Mastercard starts its own Buy Now, Pay Later program with bank partners including Marqeta.