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Here's Why Square Dropped 18% in November


Square (NYSE: SQ) fell 18.1% in November, according to data from S&P Global Market Intelligence, because of disappointing quarterly results and declining Bitcoin market prices. Investors weren't impressed by Square's revenue growth, and the company's increasing exposure to cryptocurrencies also weighed on the stock, as Bitcoin (CRYPTO: BTC) had a volatile month.

SQ Total Return Level Chart

SQ Total Return Level data by YCharts

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Source Fool.com

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