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0.000242171372717744 5.25190928784345E-05 0.000196946598294492 0.000196946598294492 0.000196946598294492 0.000196946598294492 0.000196946598294492 0.000196946598294492
Stock impact report

Square's Stock Dives After Negative Analyst Report [MSN Money]

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: MSN Money
Square's Stock Price Dives After Negative Analyst Report © TheStreet Shar of Square Inc. fell more than 0% Tuday following the release of a critical analyst report. The mobile paymt and financial servic firm dropped to $68.0 after Raymond Jam' John Davis downgraded the stock to underperform from market perform. Raymond Jam lowered its price target of $6 for Square's stock, well below its currt trading price. Square's organic growth peaked in the third quarter of 08 and will "materially decelerate" in the second quarter of 09, Davis wrote, refercing the company's crucial subscription and service lin. Another factor slowing Square's growth will be its acquisitions of "slower growth" website, blog and online store builder Weebly and corporate caterer startup Zty, according to the Raymond Jam analyst. Both company's financials will begin to show up on Square's bottom line in 09. Davis also is skeptical on whether Square has any new products that can repeat the succs of its Instant Deposi Show less Read more
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