Shares of payment processor Square (NYSE: SQ) jumped 24.5% in May, according to data provided by S&P Global Market Intelligence, as investors bet on an economic recovery. Investors were also betting on a quick economic recovery, pushing the entire market sharply higher in May. And as a tech favorite, it's not surprising Square's shares were among the best performers on the market. Read More...
Why Shares of Square Jumped 24.5% in May
Shares of payment processor Square (NYSE: SQ) jumped 24.5% in May, according to data provided by S&P Global Market Intelligence, as investors bet on an economic recovery. Investors were also betting on a quick economic recovery, pushing the entire market sharply higher in May. And as a tech favorite, it’s not surprising Square’s shares were among the best performers on the market.
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