Sunday, May 8, 2016

Square: Why Are You Selling?

Square reported strong adjusted revenue growth for Q1 that failed to impress the market. .
The biggest culprit to the stock decline centers around confusion on the share count and one-time charges. .
The stock should rally once the lockup expiration passes in the next week. .
The quarterly results of Square (NYSE:SQ) appear very solid from the surface, but the stock ended down nearly 22% on the news. As highlighted in my past research, the stock was highly susceptible to confusion due to different revenue metrics, the recent IPO, and the Starbucks (NASDAQ:SBUX) contract status.
Read the full article on Seeking Alpha.

 Disclosure: No positions mentioned. Please read the disclaimer page for more details.

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