Wednesday, May 15, 2013

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 »


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