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Square shares close 45% up on stock market debut

Shares in the global payments company Square ended their first day of trading on Wall Street up 45%. Square priced its shares at $9 (£5.88), lower than the expected range of $11 to $13. The stock...

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Square reports Q1 revenue above estimates

Mobile payments company Square's revenue beat analysts' estimates in its first quarterly results since going public in November, easing pressure on CEO Jack Dorsey who is also leading turnaround...

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Visa Inc. takes nearly 10% stake in Square

Visa Inc. has taken a nearly 10% stake in mobile-payments company Square Inc., according to a regulatory filing Thursday with the Securities and Exchange Commission. The global credit card and...

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U.S. IPO Investors Fatigued by Volatility Presume `Buyer Beware'

The appetite for U.S. initial public offerings has all but dried up as investors wait on the sidelines for equity markets to stop flailing. What would have been the three biggest U.S. IPOs of the year...

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Mobile payments start-up Square files to go public

Square Seth Wenig / Associated Press A businessman displays his Square credit card reader. (Seth Wenig / Associated Press) Paresh DaveContact Reporter San Francisco mobile payments start-up Square...

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Square Files Confidentially for Initial Public Offering

Square Inc., the mobile-payments company founded and led by Jack Dorsey, the interim chief executive officer of Twitter Inc., filed confidentially for an initial public offering,...

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Mobile payments company Square files for IPO: Reports

NEW YORK: Square Inc., the mobile-payments company founded in 2009 by Jack Dorsey, who is also the interim chief executive officer of Twitter Inc., has filed confidentially for an initial public...

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Stonegate Mortgage raises more than $100M in initial stock offering

Fast-growing home loan lender Stonegate Mortgage Corp. went public today with an initial stock offering on the New York Stock Exchange that raised more than $100 million. “It performed very well out of...

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General Atlantic CEO Sees Tech Values Shift as Square IPO Prices

Most of the technology companies worth billions of dollars based on private fundraising rounds are unlikely to live up to those valuations, according to Bill Ford, chief executive officer of General...

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Square's stock soars in Wall Street debut

Square's stock rocketed above its initial public offering price by 45 percent, capping one of the most closely watched debuts of a tech stock this year. San Francisco-based Square jumped 45.2 percent...

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Square Raises $243 Million in IPO, Pricing Shares Below Range

Payment processor Square Inc. raised $243 million in its initial public offering, pricing the shares below the marketed range. Square and an existing shareholder sold 27 million shares for $9 each,...

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Square sets stock price at $9, well below its price range

On the eve of its first day of trading, Square has set the price of its initial public offering at $9 a share, well under its $11 to $13 projected offering range. A $9 share price values the San...

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Square's stock jumps more than 60 percent in market debut

(Reuters) - Shares of Square Inc, the mobile payments company co-founded and still run by Twitter Inc Chief Executive Jack Dorsey, rose as much as 64 percent in their market debut on Thursday, offering...

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Square and Match Group trade higher in stock market debuts

Two members of tech’s $1-billion club saw their shares climb after their stock market debuts Thursday amid growing concern about the lofty valuations of Silicon Valley’s hottest start-ups. Shares of...

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Dorsey Gets $275 Million Birthday Present as Square Stock Surges

Investors are giving Jack Dorsey a $275 million birthday present. The value of Dorsey’s stake in Square Inc. was up about 44 percent as the San...

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Payments firm Square prices shares at $9 in market debut

Mobile payments company Square is set to make its debut on the stock market, with its $9 shares priced at 25 per cent less than it had hoped. The company said it along with a selling stockholder would...

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Dorsey's Square jumps in market debut, offering hope to tech startups

Shares of Square, the mobile payments company co-founded and still run by Twitter chief executive Jack Dorsey, rose as much as 64 per cent in their market debut, sharply countering the negative...

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Square IPO Pricing Will Test Investors' Appetite for Unicorns

What investors are willing to pay for mobile-payments service Square Inc. in its initial public offering will hinge on how much of a technology premium the company warrants for being a member of the...

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Square and Match shares jump in stock market debuts

Square and Match galloped onto Wall Street on Thursday in a sign that tech startups may still find gold in public markets. Mobile payments firm Square priced its initial public offering of stock at $9,...

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Square IPO raises fears of a tech bubble

Concerns have resurfaced about a possible tech bubble even after a strong debut on the stock market for the latest highly valued but loss-making technology start-up. Square, a US mobile payments firm...

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