Green Dot Corporation Class A $0.001 par value (GDOT) Soars 5.16% on October 11

Equities Staff  |

Green Dot Corporation Class A $0.001 par value (GDOT) had a good day on the market for Friday October 11 as shares jumped 5.16% to close at $24.26. About 710,990 shares traded hands on 7,840 trades for the day, compared with an average daily volume of n/a shares out of a total float of 51.82 million. After opening the trading day at $23.99, shares of Green Dot Corporation Class A $0.001 par value stayed within a range of $25.07 to $23.95.

With today's gains, Green Dot Corporation Class A $0.001 par value now has a market cap of $1.26 billion. Shares of Green Dot Corporation Class A $0.001 par value have been trading within a range of $93.00 and $22.45 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

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.

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

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Green Dot Corporation Class A $0.001 par value is also 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’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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:



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