Why Square Stock Jumped Today
Shares of Square, Inc (NYSE: SQ), a digital-payment facilitator, rose today as investors digested generally positive news that President Trump may return to the White House soon. Investors may also be optimistic that lawmakers are trying to work together on a new stimulus deal.
The tech company's stock rose by as much as 6.4% during today's trading and was up by 6.2% as of 2:47 p.m. EDT.
While there wasn't any company-specific news that would cause Square's share price to jump today, investors are likely reacting to news that President Trump could be released soon from Walter Reed Army Medical Center after spending several days in the hospital following his positive COVID-19 diagnosis.
Source Fool.com
