Is Green Dot Cheap Based on the NetSpend Buyout?
After last writing about Green Dot (NYSE: GDOT) as
a potential winning stock based on the new mobile banking platform, the
stock has crept higher. The leading independent prepaid card provider
for the underbanked got a boost on Tuesday after TSYS (NYSE: TSS) agreed to buy NetSpend (NASDAQ: NTSP) for $1.4 billion.
Considering Green Dot is the leader in the sector though only worth $540 million, investors should consider more »
Disclosure: No positions mentioned. Please review the disclaimer page for more details.
Considering Green Dot is the leader in the sector though only worth $540 million, investors should consider more »
Disclosure: No positions mentioned. Please review the disclaimer page for more details.
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