Press Releases

Square shares rise on strong first earnings report

March 9, 2016

“Square’s efforts to diversify their product offering beyond their core payments seems to be off to a good start and investors have earned the right to be optimistic.” said James Gellert, chief executive of research and analytics firm Rapid Ratings. “But like most young technology companies they remain unprofitable, they’re still getting situated in the public markets and the competitive landscape is getting crowded. Those are all valid concerns for any business, so investors should keep their eye on this for the next several quarters.”

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