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Square’s Stock Tanks after Lackluster Q1 Results

Square’s stock tanks after lackluster q1 results

Square’s Stock Tanks after Lackluster Q1 Results

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Square logo pointing at screen with reports

Despite a 43 percent year-on-year growth in net revenues, Square has declared a loss per share of 9 cents in a letter to shareholders. Wall Street was expecting the loss making company to finally declare an earnings call in the green, evidently, the market punished Square for hitting below expectations. Earnings Call and Shareholder Letter

Read MoreRead More. The post by Ashwath Balakrishnan appeared first on BTCManager, bitcoin, Blockchain & Cryptocurrency News
Published at Fri, 03 May 2019 06:22:34 +0000

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