Green Dot Corporation Class A $0.001 par value (GDOT) Plunges 5.19% on March 22

Equities Staff  |

Green Dot Corporation Class A $0.001 par value (GDOT) had a rough trading day for Friday March 22 as shares tumbled 5.19%, or a loss of $-3.22 per share, to close at $58.78. After opening the day at $61.13, shares of Green Dot Corporation Class A $0.001 par value traded as high as $61.61 and as low as $58.76. Volume was 882,811 shares over 8,952 trades, against an average daily volume of n/a shares and a total float of 52.96 million.

As a result of the decline, Green Dot Corporation Class A $0.001 par value now has a market cap of $3.11 billion. In the last year, shares of Green Dot Corporation Class A $0.001 par value have traded between a range of $93.00 and $56.23, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of Green Dot Corporation Class A $0.001 par value, check out Equities.com’s Stock Valuation Analysis report for GDOT.

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Green Dot is a financial technology company that provides financial services for consumers in the United States without good banking options. Through its Account Services segment, the company offers GoBank mobile checking and Visa- or Mastercard-branded prepaid debit cards, both reloadable and non-reloadable. Green Dot also supplies private-label reloadable cards for Wal-Mart. Account services revenue is generated through monthly maintenance fees, ATM fees, new card fees, and interchange fees. The company's Processing and Settlement Services segment generates revenue through service fees on debit card reloads and tax refund processing. The tax refund processing business earns fees when customers of third-party tax preparers choose to pay the preparer's fee through Green Dot's service.

Green Dot Corporation Class A $0.001 par value is based out of Pasadena, CA and has some 1,100 employees. Its CEO is Steven Streit.

Green Dot Corporation Class A $0.001 par value is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Green Dot Corporation Class A $0.001 par value and to follow the company’s latest updates, you can visit the company’s profile page here: GDOT’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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