Square Completes Sale of Caviar to DoorDash
Block, Inc. Class A, (SQ)
Last block, inc. class a, earnings: 2/26 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
squareup.com/about/investors
Company Research
Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Square, Inc. (NYSE: SQ) (the “Company”) today announced that it has completed its sale of Caviar to DoorDash, Inc. on October 31, 2019, for $410 million in a mix of cash and DoorDash stock. In connection with the closing, Square is providing details on Caviar’s contribution to the Company’s previously announced guidance.Caviar will be included in Square’s financial results through October 2019, but will no longer be included following the completion of the sale. Accordingly, Square is providing the following details on the amount Caviar had been projected to contribute at the time of the guidance provided in the Company's second quarter 2019 Shareholder Letter. Full Year 2019Remainder of 2019¹Total net revenue$190 million$32 millionAdjusted Revenue$190 million$32 millionAdjusted EBITDA$(9) million$(1) million¹ Represents forecasted Caviar contribution for November and December 2019 at the time of the guidance provided in the Company's second quarter
Show less
Read more
Impact Snapshot
Event Time:
SQ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SQ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SQ alerts
High impacting Block, Inc. Class A, news events
Weekly update
A roundup of the hottest topics
SQ
News
- Block, Inc. (NYSE: SQ) had its "buy" rating re-affirmed by analysts at Mizuho. They now have a $99.00 price target on the stock.MarketBeat
- Block, Inc. (NYSE: SQ) had its price target raised by analysts at KeyCorp from $80.00 to $95.00. They now have an "overweight" rating on the stock.MarketBeat
- Block, Inc. (NYSE: SQ) had its "in-line" rating re-affirmed by analysts at Evercore ISI. They now have a $75.00 price target on the stock.MarketBeat
- Here's Why Block (SQ) Maintained Upward Momentum [Yahoo! Finance]Yahoo! Finance
- Top global buyers across 19 countries sign-up for Buddy's global marketplace for recycled metal [Yahoo! Finance]Yahoo! Finance
SQ
Earnings
- 2/22/24 - Beat
SQ
Sec Filings
- 3/15/24 - Form 4
- 3/13/24 - Form 144
- 3/6/24 - Form 4
- SQ's page on the SEC website