Is Square Investable? It s Certainly Tradable and Here s How to Do It Here s why the stock experienced a bit of a pop on Monday.
Behold Square (SQ) , the Jack Dorsey led (not sure if that is or is not a positive) fin-tech giant that has enabled sellers with an ease of transaction that had been revolutionary. From tools that accept payment through contactless terminal hardware, or through either magnetic strip or chip readers, as well as the provision of organizing, reporting and analyzing data for clients as well as creating a next day transaction settlement environment.
The stock, which is up huge year over year but really range-bound for the past six months now, experienced a bit of a pop (5.5%) on Monday after Bloomberg News broke the story that the company may be planning to offer checking and savings accounts to small business customers. According to Bloomberg, evidence of such a plan appears to be hidden code found inside a recent update to Square s app for the Apple