Square, Match Rise In First-Day Trading After IPOs

By | November 19, 2015

Scalper1 News

Mobile payment company Square (SQ) left some money on the table late Wednesday after pricing its initial public offering below its targeted range. Square priced its IPO at $9 a share, well below the expected range of $11 to $13. But the stock traded within and above that range on its first day on the New York Stock Exchange. In late morning trading Thursday, Square was up 51% to about 13.50. It traded as low as 11.05 and as high as 14.78 earlier Scalper1 News

Scalper1 News