Square Post-IPO Volatility Normal, Analyst Says

By | January 11, 2016

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Investors should not be concerned about the recent volatility in Square (SQ) stock, BTIG analyst Mark Palmer wrote in a research note on Monday. Square has not fared well thus far in the new year, dropping from a 13.09 closing price Dec. 31 to as low as 11 on Thursday. Square was up more than 3%, trading just shy of 12, as of early afternoon in the stock market today. Palmer wrote that last week’s decline of 13.6% was “excessive, even for a Scalper1 News

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