Shares of Square rose 3.4% to $234.79 at 12:21 EST on Thursday, after two sequential sessions in a row of gains. The New York Stock Exchange is rising 0.57% to $14,491.10, after two sequential sessions in a row of gains. This seems, so far, a somewhat positive trend exchanging session today.
Square's last close was $227.08, 0.54% below its 52-week high of $233.54.
News about Square today
Times Square development draws new wave of foreign investment. According to today's article on Bloomberg Quint, "L&L Holding Co., along with partner Fortress Investment Group, are touting the project as the "future of Times Square" with more than 600 hotel room and the only permanent outdoor stage in the area.", "Times Square in particular has taken a major hit from a pandemic that has curtailed travel, keeping the flood of tourists and office workers who typicality swamp the area at home."
Square's Sales
Square's sales growth is 387.3% for the ongoing quarter and 112.6% for the next. The company's growth estimates for the present quarter and the next is 8.7% and 1100%, respectively.
Square's Revenue
Year-on-year quarterly revenue growth grew by 139.6%, now sitting on 7.65B for the twelve trailing months.
Square's Stock Yearly Top and Bottom Value
Square's stock is valued at $234.79 at 12:21 EST, higher than its 52-week high of $233.54.
Square's Moving Average
Square's worth is way above its 50-day moving average of $193.73 and way above its 200-day moving average of $152.39.Previous days news about Square
Axiomsl expands its global presence in Saudi Arabia with carlyle Square consUltancy. According to Business Insider on Mon Dec 14, "RIYADH, Saudi Arabia, Dec. 14, 2020 /PRNewswire/ -- AxiomSL,the industry's leading provider of regulatory reporting and risk management solutions, today announces a partnership with Carlyle Square Consultancy, a specialist in the field of financial services led by founder Mr. Tariq Javed, who has 33 years' experience as a central banker and regulator at SAMA (Saudi Arabian Monetary Authority - the Saudi Central Bank).", "Mr Tariq Javed, Carlyle Square Consultancy, stated: "I am delighted to work with AxiomSL, which has a unique data management platform with a dynamic data lineage and drill down feature - this type of technology is what financial firms from this region could benefit from when considering IFRS 9 and upcoming Basel IV regulations. "
I Squared sells grupo t-solar to cubico for $1.8 billion. According to Bloomberg Quint on Tue Dec 15, "Infrastructure investment manager I Squared Capital has agreed to sell Grupo T-Solar to Cubico Sustainable Investments Ltd. ", "T-Solar has 274 megawatts of installed and regulated solar power capacity in Spain and Italy, according to an emailed statement from I Squared. "
Marriott lays off hundreds of workers at times Square hotel. According to The Wall Street Journal on Tue Dec 15, "Hilda Salcedo, a server who has worked for Marriott hotels since 2000 and at the Times Square location since 2013, said workers haven't been given details about possible severance packages. ", "The New York Marriott Marquis is located in the heart of New York City's theater district and offers views of Times Square from its eighth-floor lounge as well as several ballrooms for large events or corporate gatherings. "