Red-Hot Square Keeps Rocking
Why did Square go public? To make its venture investors richer. That’s why. As for the public, they can live with a stock that stays $12 forever. This is, quite seriously, what the chart looks like for almost its entire life as a public entity. Three words. Pa. The. Tic.
(Click on image to enlarge)
It could be worse, of course. They could be the other red-hot IPO, GoPro:
This blog is not, and has never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural ...
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