Square\u2019s stock jumped 4.2% in the markets on Friday after Citigroup called Square a \u201c\u2018disrupter\u2019 that can convert \u2018micro\u2019 and small merchants to its payment technology.\u201d This is a huge jump since the stock only increased by 4% last year. The article discusses how Citigroup views Square and how Citigroup has encouraged investors to invest in the company due to its market leader status. For those that do not know, San Francisco-based Square makes credit card readers that plug into mobile phones and tablets. Usually known for sticking to the small business market, it is starting to attract big business clients and has expanded into providing financing and banking loans to small businesses. Analysts estimate that Square\u2019s Q4 revenue to increase by 20%, but I believe this may be a bit of a conservative estimate. I believe that Square will probably be around the 25% increase range as the usage of these mobile card reader products has quickly grown into many businesses around the country and the world.
\nArticle link: http:\/\/www.investors.com\/news\/technology\/citigroup-initiates-square-at-buy-ahead-of-earnings\/<\/p>\n","protected":false},"excerpt":{"rendered":"
Square\u2019s stock jumped 4.2% in the markets on Friday after Citigroup called Square a \u201c\u2018disrupter\u2019 that can convert \u2018micro\u2019 and small merchants to its payment technology.\u201d This is a huge jump since the stock only increased by 4% last year. The article discusses how Citigroup views Square and how Citigroup has encouraged investors to invest … Continue reading Square Stock Soaring Thanks To Citigroup<\/span><\/a><\/p>\n","protected":false},"author":1836,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"qubely_global_settings":"","qubely_interactions":"","kk_blocks_editor_width":"","_kiokenblocks_attr":"","_kiokenblocks_dimensions":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1077","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"gutentor_comment":2,"qubely_featured_image_url":null,"qubely_author":{"display_name":"jsteiner","author_link":"https:\/\/blogs.scu.edu\/finis\/author\/jsteiner\/"},"qubely_comment":2,"qubely_category":"Uncategorized<\/a>","qubely_excerpt":"Square\u2019s stock jumped 4.2% in the markets on Friday after Citigroup called Square a \u201c\u2018disrupter\u2019 that can convert \u2018micro\u2019 and small merchants to its payment technology.\u201d This is a huge jump since the stock only increased by 4% last year. The article discusses how Citigroup views Square and how Citigroup has encouraged investors to invest…","post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/users\/1836"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/comments?post=1077"}],"version-history":[{"count":1,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1077\/revisions"}],"predecessor-version":[{"id":1078,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1077\/revisions\/1078"}],"wp:attachment":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/media?parent=1077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/categories?post=1077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/tags?post=1077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}