Square emerges as a coronavirus hedge while other payment stocks get crushed

shares were on pace for the worst week since 2008 after the company issued a warning that the fast-spreading virus could weigh on revenue this year. American Express and Visa have not changed guidance, but were both heading for their worst week in roughly a decade.

PayPal made a similar announcement on Thursday, lowering its outlook for first-quarter revenue growth by one percentage point. While PayPal's business trends "remain strong," international cross-border e-commerce activity "has been negatively impacted by COVID-19," the company said in aMacquarie Capital analyst Dan Dolev said Square is so far, proving immune to coronavirus.

Square operates in the U.K., Canada, Australia and Japan. International revenue grew at 52% year over year fourth quarter. The company said international growth is compounding at roughly twice the average rate.

samverdile ded

What the fuck headline is this lol you guys touted the earnings all morning on air

😆'coronavirus hedge'🤪 ?!? Did someone DRINK their lunch tody?

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lol

ReformedBroker sorry buddy i beat you 🙃🙃🙃

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These stocks have been crushed since the coronavirus began to take down the U.S. marketHere are the stocks that have been crushed hardest since the coronavirus outbreak began: Coronavirus should spare us , we lost money on the market Energy? Aviation without looking
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Oil and energy stocks are getting crushed by coronavirus fearsThe coronavirus outbreak is the biggest shock to demand for oil since the 2008 financial crisis. Economists are warning that the outbreak could spark a severe economic slowdown or even recession in the United States and elsewhere. i hope🤞🏼 there’s a cure 🤒 The zombie apocalypse ain't shit compared to that. That’s what the DS Demonrats wanted to happen to President Trumps great economy
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