Jack Dorsey, CEO of Twitter (NYSE:TWTR) and Square (NYSE:SQ) has now made the call to commit his attention full time to Square and step down from his role of CEO at Twitter. Many have viewed this as a positive development for Square and are intrigued to see what plays out. First order of business appears to be a name change to Block Inc around December 10th. This high growth Fintech stock has pulled back 35% since its highs in August 2021 after a huge share price gain during 2020 and the first half of 2021.
In this video, our equity analyst Michael shows us how he uses the Simply Wall St Company report to learn more about SQ and shows us the useful insights that can be gained from the report, and what he’d look at next.
The Simply Wall St articles that are mentioned at the start of the video can be found here: https://simplywall.st/stocks/us/software/nyse-sq/square/news/squares-nysesq-lofty-valuation-definitely-justifies-a-full-t and here: https://simplywall.st/stocks/us/software/nyse-sq/square/news/beneath-the-surface-of-square-incs-nysesq-huge-revenue-beat
The Simply Wall St company report is a great starting point when you first discover a stock and want to get a quick yet in-depth view of its fundamentals. This report gives you a visual representation of vast amounts of data which reveals many insights which usually take much longer to discover.
Simply Wall St analyst Michael Paige and Simply Wall St have no position in SQ. This video is general in nature. It does not constitute a recommendation to buy or sell any stock and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
The analysis is updated every day, so if you’d like to view SQ you can check it out on the platform here:
https://simplywall.st/stocks/us/software/nyse-sq/square#summary
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