Why Did Square Just Raise Another $2 Billion?
Despite already having more than $4 billion in cash on its balance sheet, fintech giant Square (NYSE: SQ) recently completed a $2 billion debt offering. What exactly is Square planning to do with this windfall of cash? In this Fool Live video clip, recorded on May 24, Fool.com contributor Matt Frankel, CFP, and Industry Focus host Jason Moser discuss what Square says it plans to use the money for and why investors might not be thrilled with the move.
Source Fool.com
