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05-06-2016, 01:19 PM #1
- Join Date
- Aug 2014
- Posts
- 194
Can the Square Stock Price Recover from Today's 20% Collapse?
http://moneymorning.com/2016/05/06/c...s-20-collapse/
Jason Kupferberg, an analyst with Jefferies, noted in a report that Square is posting growth in its Square Capital unit -- which lends money to small businesses
Results included a one-time charge of roughly $50 million. The steep charge was the result of a lawsuit against Robert E. Morley, Jr., a professor at Washington University in St. Louis, who claimed to be the original creator of Square's credit card reader.
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