18, Sep, 2019
Square shares fall after Raymond James downgrades stock and predicts nearly 30% retreat

Square

Yana Paskova | Bloomberg | Getty Images Raymond James is telling investors to scale back their positions in payments company Square. The firm downgraded the stock to “underperform” from “market perform,” citing a lack of growth opportunities on the horizon and its move into banking as a negative catalyst for […]

Source: Square Square is launching yet another banking product. The payments company announced a debit card for businesses on Thursday that lets Square sellers using its credit card processor get immediate access to money from sales. The product encourages merchants to keep funds with Square instead of depositing them into […]