It’s a truism on Wall Street that when a stock moves up and to the right, sharply, posting strong gains in a brief time — the short sellers begin to salivate. So it is with Square, the payments tech outfit that initially came to market...
This week, while watching the drama that was Square’s IPO unfold, something occurred to the PYMNTS staff. Everything you need to know about Square’s story up until now you can learn this weekend by binge watching the Star Wars movies. Or at least the first five...
There has been plenty of controversy over Square and its valuation, particularly after it priced its IPO at $9 a share — about half the valuation it had at its last capital raise — on Wednesday evening. In the first few hours of trading on...
Square is looking to grab a valuation of as much as $4.2 billion through its IPO, according to documents filed with the Securities and Exchange Commission. That’s a far cry from the $6 billion that had been batted around when the company went through its...
November 21, 2016
Bulls and bears have seen more Square angles than your high school geometry text. But lapping its one-year anniversary, the payments processor may be smoothing out some rough edges, gaining traction on margins and larger merchants. We break it all down.
November 06, 2015
Square is looking to grab a valuation of as much as $4.2 billion through its IPO, according to documents filed with the Securities and Exchange Commission. That’s a far cry from the $6 billion that had been batted around when the company went through its most recent funding round.
October 16, 2015
The payments IPO news on the Street kept the headlines abuzz about two of the most talked about public debuts of the year. While First Data finally made its debut,...
October 06, 2015
One man, two very big hats. As the social media and payments worlds (and much of the rest of the globe) know by now, Jack Dorsey has been appointed the...