If You'd Invested $750 in Square's 2015 IPO, This Is How Much You Would Have Today
Point-of-sale devices for merchants hardly seem the stuff of fame and fortune, but Square (NYSE: SQ) allowed small- and medium-sized businesses to operate on a more even playing field against their larger brethren.
Tech stocks of any stripe have largely done well in the six years since Square's initial public offering on Nov. 19, 2015. The Nasdaq 100 Technology Sector index, for example, has quadrupled in value since then, compared to a 117% rise in the S&P 500. Yet Square investors have done even better, so let's see how and why that happened.
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Source Fool.com