Why Square's Shares Jumped 15.7% on Tuesday
Shares of payment company Square Inc (NYSE: SQ) jumped as much as 22.2% as Congress pushed forward a $2 trillion stimulus plan. At the market's close, shares were up 15.7% for the day.
The stimulus being discussed would include funds paid directly to Americans and $500 billion in lending allocated to businesses. Both sides of the stimulus could ultimately help Square long term.
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Source Fool.com
