Why Square Stock Rose 12% in the First Half of 2021

Square's (NYSE: SQ) stock price was choppy to start the year, as investors weighed the company's prospects against an expensive valuation. The shares closed the month of June up 12% on the year, according to data provided by S&P Global Market Intelligence. 

Square's revenue surged 266% year over year in the first quarter, with most of that increase coming from Bitcoin (CRYPTO: BTC) transactions in the Cash App. 

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Source Fool.com