Square Falls Below IPO Price For First Time

By | January 20, 2016

Scalper1 News

In a rough day for the stock market, Square (SQ) spent some time below its initial public offering price for the first time on Wednesday, two months after coming public. Square priced its IPO on Nov. 18 at 9, below its estimated range of 11 to 13. The stock popped 45% on its first day of trading Nov. 19, raising $243 million. But in morning action in the stock market today, Square stock hit a low of 8.26 before rebounding to end the day at 9.49, Scalper1 News

Scalper1 News