After dropping along with the rest of the market in March during the height of the coronavirus pandemic, shares of Square stock have (at various points since) more than quadrupled in price from their March lows. Although the financial services, merchant services aggregator, and mobile payment company's stock has backed off somewhat from those highs, it still trades at nearly a 350% premium to its March low point. Let's take a closer look at the potential challenges the company faces. Read More...
How Risky Is Square?
After dropping along with the rest of the market in March during the height of the coronavirus pandemic, shares of Square stock have (at various points since) more than quadrupled in price from their March lows. Although the financial services, merchant services aggregator, and mobile payment company’s stock has backed off somewhat from those highs, it still trades at nearly a 350% premium to its March low point. Let’s take a closer look at the potential challenges the company faces.
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