Trader bets Square moves 10% on earnings

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Trader bets Square will see a wild swing on earnings (via TradingNation)

spread right now. We're looking at the Nov. 8 $63 - $68 call spread around 1.25 here with the stock at $61.", whose CEO is Twitter chief Jack Dorsey, has tanked 24% since Aug. 4. It's a massive departure from the run it has had over the past three years. Over that time frame, it's up more than 400%.

"It's getting caught in this growth sell-off right now," said Rosin. "We're just not seeing the demand for these names." According to Refinitiv, Wall Street expects Square to earn 20 cents a share on $596.4 million in revenue in the third quarter. It earned 13 cents a share on $431.1 million in revenue in the period a year earlier.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TradingNation mr_jettlife let’s seee

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market investing book recommendations from trader Connor Haley - Business InsiderA self-made hedge fund manager who's crushed the market by 46% over the past 18 months shares the 3 books that shaped his investment philosophy and sparked his success
Source: BusinessInsider - 🏆 729. / 51 Read more »