U.S. stock market: Marqeta(39.38%), Nano Labs(30.43%), and MediaAlpha(30.22%) lead biggest losses in morning trading

Following closely behind is Nano Labs Ltd (NA), whose stock fell by 30.43% to $3.20.

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As trading commenced today, several companies faced steep declines in their stock prices, with Marqeta, Inc. (MQ) leading the way down. At 10:26 AM EST, Marqeta’s shares plummeted by 39.83%, bringing its price to $3.58. This significant drop signals ongoing challenges for the fintech company as it continues to navigate a competitive landscape.

Following closely behind is Nano Labs Ltd (NA), whose stock fell by 30.43% to $3.20. The company, known for its innovative technology solutions, is grappling with investor concerns that have led to this sharp downturn.

Other notable losers include MediaAlpha, Inc. (MAX), which saw a decline of 30.22%, bringing its stock down to $11.22. JELD-WEN Holding, Inc. (JELD) also faced challenges, with its shares down 29.30% to $9.99.

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Vast Renewables Limited (VSTE) experienced a 27.70% decrease, with its stock price now at $4.88. Meanwhile, Celanese Corporation (CE) saw its shares drop 23.89%, trading at $93.99.

Disclaimer: This is for informational purposes only and should not be considered investment advice. Always conduct your own research before making financial decisions.