Shares of Square (SQ) moved full steam ahead after reporting better-than-expected quarterly earnings, showing growth momentum for the newly public company.
The payment company’s stock climbed almost 12.7% to $16.95 on Thursday, adding to its year-to-date gains of 24.4% and surpassing its initial public offering price of $9.
Square CEO Jack Dorsey said that the company is focused on three areas—integration of services, automation, and harnessing technology to improve its platform—to continue growth in the business.
