Co-movers

daily closesMethod

Moved together

MQwithMSFT

Uncorrelated: r 0.17 · 499D.

Shared co-movers2with MQwith MSFT

QTWOQ2 Holdings, Inc.r 0.36r 0.39

ACIWACI Worldwide, Inc.r 0.35r 0.31

MQ, solidMSFT, hatchedr = correlationBar = r to r 0.75Order: weaker of A and BSource: daily closes

MQMarqeta, Inc.

18.09+0.09%· post 18.09

Mkt cap$1.9BRevenue$176MQ2 FY26Revenue$625MFY25

MSFTMicrosoft Corp

523.20−1.31%· post 522.96

ClosedOct 30 '26

Mkt cap$3.9TRevenue$92.3BQ1 FY27Revenue$332BFY26

vs

Compare

ClosedOct 30 '26

MQMarqeta, Inc.

vs

MSFTMicrosoft Corp

18.09+0.09%post 18.09

Price

523.20−1.31%post 522.96

$1.9B

Mkt cap

$3.9T

Q2 FY26$176M

Revenue

$92.3BQ1 FY27

FY25$625M

Revenue

$332BFY26

MQ compared with MSFT: revenue, margins and what each company keeps, and the suppliers and customers both name