🔴 MQ is trading 8.1% down today on profit-taking after post-split rally

MQ is trading 8.1% down at $16.00 today on profit-taking following its recent reverse stock split and subsequent rally.

• The stock began trading on a split-adjusted basis on July 1, 2026, following a 1-for-4 reverse stock split that moved shares from sub-$5 levels.
• The current decline likely reflects a normalization of the stock's price after an abrupt post-split repricing rather than any new fundamental news or earnings catalysts.