Square's Case of 'Mistaken Identity'
Square (ticker: SQ) shares are down nearly 25% since the latest miss, but Wall Street remains generally bullish, with analysts predicting sizable gains for the stock. The company's sales and marketing costs are expected to jump 48% this year to $610 million, easily outpacing sales growth. [...]...
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Veröffentlicht in: | Barron's 2019-10, Vol.99 (43), p.15-15 |
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description | Square (ticker: SQ) shares are down nearly 25% since the latest miss, but Wall Street remains generally bullish, with analysts predicting sizable gains for the stock. The company's sales and marketing costs are expected to jump 48% this year to $610 million, easily outpacing sales growth. [...]the new plan becomes a price hike for transactions under $65, so not even the fanciest of coffee roasters will benefit. |
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subjects | Bank technology Corporate profits Customer services Dimon, Jamie Initial public offerings Investments Mistaken identity Mobile commerce Payment systems Sales Securities analysis Stock prices |
title | Square's Case of 'Mistaken Identity' |
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