Shah Gilani has been warning against these fintech darlings since last December, and they've fallen precipitously in the past year.
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The Square stock price is having one of its most volatile weeks since its Nov. 19 debut.
Shares are down 6.2% this week as the company reels from its first-ever earnings report.
Square Inc. (NYSE: SQ) will report fourth-quarter earnings after the bell today, March 9.
Analysts expect a loss of $0.13 per share on revenue of $343 million.
The Square stock price is down nearly 9% since it closed at $13.07 on Nov. 19.
Early investors were happy with their gains, but many are now wondering if the positive momentum will continue to disappear.
Square Inc. (NYSE: SQ) stock will start trading tomorrow (Thursday, Nov. 19).
If it follows the average pattern for 2015 IPOs, the SQ stock price will see a first-day pop of 14%.
Square Inc. is preparing for its initial public offering this week, and the Square stock symbol has been set.
Square is one of this year's most highly anticipated tech IPOs, and shares will price on Wednesday, Nov. 18.
Square Inc. (NYSE: SQ) will start trading on Thursday, Nov. 19, following one of the most anticipated IPOs of 2015.
The Square share price range is set between $11 to $13. Square plans to raise $324 million through the IPO, which would place the Square IPO valuation at $4.2 billion after the deal.
After the deal hits the market, the Square IPO valuation will be about $4.2 billion.
How is an unprofitable company like Square valued at $4.2 billion?