1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Square slashes share price ahead of sale

Discussion in 'Market News' started by Lily, Nov 20, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The mobile payment company has failed to impress investors ahead of a share sale that is a crucial test for Silicon Valley’s “unicorns”

    Mobile payment company Square slashed its share price on Wednesday night ahead of a sale that is casting a shadow over the new darlings of the tech sector.

    The small-business-centric digital payments firm, which makes portable credit card scanners that work with smartphones, is run by Twitter co-founder and CEO Jack Dorsey. It is one of a number of so-called “unicorns” - start-up companies valued at billions of dollars that have yet to make a profit.

    Waiting for Square and Match Group to tell us the IPO price: https://t.co/juBg4sA5Os $SQ $MTCH #IPO

    Related: Square's IPO: the beginning of the end of the unicorn-driven tech bubble?

    Continue reading...

Share This Page