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-0.000595384022694694 -0.0017161068889434 -0.00573775084929785 -0.00595384022694654 0.00262669421777046 0.0134836969845549 0.00942107659440338 0.023392988477568
Stock impact report

The Ratings Game: Square earnings net stock an upgrade as analyst sees huge market for Cash App [MarketWatch]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: MarketWatch
Square earnings net stock an upgrade as analyst sees huge market for Cash App Square Inc. shares are up 5% in Thursday trading after the company topped earnings expectations, shrugged off coronavirus concerns, and gave new information about the growth of its popular Cash App. The increasing use of various Cash App features like investing and card purchases is fueling excitement around Square’s SQ, +7.02% business, helping net the payments platform stock an upgrade from Canaccord Genuity’s Joseph Vafi after the report. He sees potential for Cash App to become a “real consumer banking platform” and argues that the total market for this consumer portion of the business could eventually be larger than the market for Square’s seller services. See more: Square gives upbeat earnings forecast, says Cash App totaled 24 million users in December Cash App began as a peer-to-peer payments platform, but the company has been adding new features to the ecosystem, including the ability to condu Show less Read more
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