Square's Lower IPO Valuation Casts Shadow Over Startups
Square Inc.’s initial public offering is the latest evidence that startups are attaining lofty valuations in private funding that will be hard to sustain once they reach public markets. The...
View ArticleSquare Sets IPO at 27 Million Shares and Sees Price at $11-$13 per Share
Square Inc., the mobile-payments company founded and led by Twitter Inc. Chief Executive Officer Jack Dorsey, is to sell 27 million shares in its initial public offering. The company expects to see net...
View ArticleSquare boosts expected IPO value by 47 pct in rocky market
NEW YORK (AP) -- Square, the six-year-old company known for its white, cube-shaped credit and debit card readers that plug into smartphones, is boosting its planned initial public offering value by 47...
View ArticleSquare's IPO filing sets price range below private valuation
Could tech’s private unicorn companies — firms that have a valuation of more than $1 billion — be overvalued? Judging by the regulatory filing that payments-processing start-up Square filed Friday, the...
View ArticleSquare lowers aim on IPO to $4.2bn
Square Inc is aiming for a valuation of as much as $4.2 billion (€3.9 billion) in its initial public offering (IPO), well short of the $6 billion the mobile-payments service sought in its latest...
View ArticleSquare Seeks More Than $300 Million in Initial Stock Sale
Square Inc., the mobile-payments company founded and led by Twitter Inc. Chief Executive Officer Jack Dorsey, seeks more than $300 million in an initial public offering to raise funds for expansion....
View ArticleSquare IPO is warning to tech 'unicorns'
San Francisco (AFP) - Mobile payments startup Square said Friday it will raise up to $403 million (£267 million) in its stock offering — but it may be valued less on Wall Street than by private...
View ArticleFitbit, LoanDepot Hiccups Don't Bode Well for IPOs Like Square's
Within less than 12 hours, LoanDepot Inc., a fast-growing mortgage lender, aborted its plan to go public and Fitbit Inc., the maker of wearable devices, priced a secondary offering below the previous...
View ArticleSquare Boosts Expected IPO Value by 47 Percent
Square, the six-year-old company known for its white, cube-shaped card readers that plug into smartphones [pictured], is boosting its planned initial public offering value by 47 percent in what has...
View ArticleSquare Celebrates IPO with “Square Market” at the New York Stock Exchange
NEW YORK--(BUSINESS WIRE)-- Square, Inc. (SQ) began trading today on the New York Stock Exchange (NYSE) under the ticker symbol “SQ” after its initial public offering (IPO). Barclays is the Designated...
View ArticleHot tech stock Square an IPO fizzer
The long-running gold rush into hot technology startups showed signs of faltering on Wednesday, as a much-anticipated market debut had to scale back its ambitions. Square - valued in a private...
View ArticleSquare Celebrates IPO with “Square Market” at the New York Stock Exchange...
(Source: NYSE Group Inc) NEW YORK--(BUSINESS WIRE)-- Square, Inc. (NYSE:SQ) began trading today on the New York Stock Exchange (NYSE) under the ticker symbol “SQ” after its initial public offering...
View ArticleSquare Celebrates IPO with “Square Market” at the New York Stock Exchange...
(Source: ICE - IntercontinentalExchange Inc) NEW YORK--(BUSINESS WIRE)-- Square, Inc. (NYSE:SQ) began trading today on the New York Stock Exchange (NYSE) under the ticker symbol “SQ” after its initial...
View ArticleSquare's stock soars 45 percent in first day of trading
Shares gain $4.07 to close at $13.07 after mobile payments service slashed price of IPO Square CEO Jack Dorsey is hugged on the floor of the New York Stock Exchange on Thursday after his company's IPO...
View ArticleDorsey's Square aims IPO price below target range
Mobile payments startup Square will make its stock market debut on Thursday priced lower than expected in a sign that soaring values of tech startups may be...
View ArticleSquare IPO set to price in highly watched deal
Mobile payments company Square is set to price shares for its initial public offering late Wednesday in what is expected to be a harbinger for how other highly valued tech companies are received in...
View ArticleSquare discounts stock to $9 a share to complete IPO
Mobile payments processor Square had to sell its stock at a deep discount to complete its initial public offering, a concession signaling that investors are becoming wary of once-hot startups that...
View ArticleTwitter chief’s Square jumps in market debut
Shares of Square, the mobile payments company co-founded and still run by Twitter chief executive Jack Dorsey, soared as much as 64 per cent in their market debut. This was following a marked-down...
View ArticleSquare shares soar 45% in market debut; Match's IPO goes well too
It would seem that Square Inc. had a spectacular first day as a public company Thursday, with shares soaring 45%. But that percentage gain looks less impressive when you consider the actual dollars the...
View ArticleSquare 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...
View ArticleSquare 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,...
View ArticleSquare 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...
View ArticleDorsey'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...
View ArticlePayments 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...
View ArticleDorsey 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...
View ArticleSquare 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...
View ArticleSquare'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...
View ArticleSquare 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...
View ArticleSquare 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,...
View ArticleSquare'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...
View ArticleMobile 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...
View ArticleSquare 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,...
View ArticleMobile 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...
View ArticleU.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...
View ArticleVisa 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...
View ArticleSquare 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...
View ArticleSquare 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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