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Why Square Stock Jumped 11% This Week


Shares of 
Square (NYSE:SQ) climbed 11% after the fintech company launched a slate of new banking services, and its CEO shared his crypto-related aspirations.
So what
On Tuesday, Square unveiled three new products: Square Checking, Square Savings, and a rebranding of its business financing division, which will now be called Square Loans. These products will be integrated into Square s existing merchant services, with the goal of providing business owners with a one-stop solution for their financial needs. 
Image source: Getty Images.
And on Wednesday, CEO Jack Dorsey shared his vision for
Bitcoin (CRYPTO:BTC). My hope is that it creates world peace or helps create world peace, Dorsey said during an online event called The B Word.   ....

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