News Formal

Trader bets Square moves 10% on earnings

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

South Africa News News

South Africa South Africa Latest News,South Africa South Africa 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.

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 ZA
 

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

TradingNation mr_jettlife let’s seee

South Africa South Africa Latest News, South Africa South Africa 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 »