Marqeta, Inc.'s stock surged 5.14% in the post-market session following news of insider buying by a company director.
The after-hours movement comes after a filing revealed that Judson C. Linville, a director of Marqeta, acquired 25,570 shares of the company's Class A common stock. Such insider purchases are often viewed by investors as a positive signal, indicating confidence in the company's future prospects.