Square (SQ) stock has been in a steady uptrend in 2021. The upside has been backed by strong fundamental developments. It further seems that SQ stock is positioned to trend higher in the coming quarters, as healthy growth sustains. I have a bullish view on the stock. Before looking at the organic growth factors, it seems that the company’s acquisition of Afterpay Limited is likely to be value creating. Square announced this $29-billion acquisition in early August. Let’s discuss this acquisition, and other business growth factors. (See SQ stock charts on TipRanks) Big Potential in the Buy-Now-Pay-Later Market Afterpay is among the leading companies in the rapidly growing buy-now-pay-later market.
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Square (NYSE:SQ)
Historical Stock Chart
From Sep 2021 to Oct 2021 Click Here for more Square Charts.
Square (NYSE:SQ)
Historical Stock Chart
From Oct 2020 to Oct 2021 Click Here for more Square Charts.