The Traderszone Network

Published in TZ Latest News 6 July, 2016 by The TZ Newswire Staff

How Much Lower Can Square Inc. Shares Go?

Shares of Square (NYSE: SQ) have declined nearly 30% since the beginning of the year, and currently hover just above its IPO price of $9. The online payments processor has been battered by lackluster sales growth, non-existent profitability, and a lockup expiration in mid-May. CEO Jack Dorsey’s ability to simultaneously lead Square and Twitter has also been repeatedly questioned. Should investors consider Square a contrarian buy, or could it fall far below its IPO price like Twitter?

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