Down 28% in the Past Year, Is Now the Time to Buy Square?
Square (NYSE: SQ) investors have endured quite a bit of volatility recently. Shares are down almost 30% in the last 12 months, significantly underperforming the broad market. However, despite the recent pullback, the stock has still gained nearly 600% since its Nov. 2015 IPO.
This payments processing company has developed solutions that enable sellers to receive payments via a swipe, NFC, Europay, MasterCard, or Visa. Square aims to provide its sellers with the tools to start, run, and grow their businesses, and it's building a sticky ecosystem of fin-tech products and services.
Image source: Square
Source Fool.com