Green Dot: Shaking Off the Competition
The summary of the Green Dot (NYSE: GDOT) Q1
2013 earnings report had to be that the company was shaking off the
increased competition in the prepaid debit card arena. The long-term
market leader famously plunged 50%% back in July of last year after
forecasting that earnings would be greatly impacted by increased
competition primarily from the Bluebird Card via American Express (NYSE: AMX) at Wal-Mart stores.
Ironically, the leading more »
Disclosure: No positions mentioned. Please review the disclaimer page for more details.
Ironically, the leading more »
Disclosure: No positions mentioned. Please review the disclaimer page for more details.
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