Why Square Stock Jumped 11% This Week
Shares of Square (NYSE: SQ) climbed 11% after the fintech company launched a slate of new banking services, and its CEO shared his crypto-related aspirations.
On Tuesday, Square unveiled three new products: Square Checking, Square Savings, and a rebranding of its business financing division, which will now be called Square Loans. These products will be integrated into Square's existing merchant services, with the goal of providing business owners with a one-stop solution for their financial needs.
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Source Fool.com
