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Why Square Stock Jumped on Thursday


Shares of financial technology company Square (NYSE: SQ) popped on Thursday, rising as much as 5.8%. As of 3:30 p.m. EST, however, the stock was up about 5%.

The growth stock's gain was likely fueled by a combination of optimism in the overall market, an analyst note about the stock, and appreciation in bitcoin's value.

Image source: Getty Images.

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Source Fool.com

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