this would make sense if PayPa

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crusadersg
2021-09-09

this would make sense if PayPal had gone up on Wednesday. But it too fell hard. So this analysis is just... bullshit.

Why did Square Stock Fall on Wednesday?

There are a few news items affecting shares of the fintech specialist.

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LewisLewis
·2021-09-09
Cyclic Intraday falls . Please like , Thanks
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So this analysis is just... bullshit.","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/889517326","repostId":1180369311,"repostType":2,"repost":{"id":"1180369311","pubTimestamp":1631156393,"share":"https://www.laohu8.com/m/news/1180369311?lang=&edition=full","pubTime":"2021-09-09 10:59","market":"us","language":"en","title":"Why did Square Stock Fall on Wednesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=1180369311","media":"Motley Fool","summary":"There are a few news items affecting shares of the fintech specialist.","content":"<p><b>What happened</b></p>\n<p>The stock market was having a generally weak session on Wednesday, with all three major averages in the red.However,<b>Square</b>&nbsp;has been a major underperformer. As of closed, shares of the&nbsp;fintech&nbsp;specialist fell&nbsp;about&nbsp;4%.</p>\n<p><b>So what</b></p>\n<p>There are three main stories and market forces that could be affecting Square's&nbsp;stock price today:</p>\n<ul>\n <li>On a positive note, the company announced the launch of its Square Register hardware in Canada, which could bring larger sellers in the key international market into Square's ecosystem.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f5babd00ddbcef11a5c98b1035d5a50\" tg-width=\"2000\" tg-height=\"1297\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: SQUARE.</span></p>\n<ul>\n <li>On the other hand, we learned that&nbsp;<b>PayPal</b>&nbsp;is spending $2.7 billion to acquire Japanese buy now, pay later (BNPL) company Paidy. Not only is Japan one of the few international markets where Square has a presence, this also signals that PayPal is pushing into the BNPL space more aggressively than previously thought. Remember that Square is spending $29 billion to acquire Afterpay, and PayPal becoming more interested in BNPL could change the competitive dynamics.</li>\n <li>Finally, there is quite a bit of general weakness in the tech sector today. While all three major averages are in the red, the tech-heavy&nbsp;<b>Nasdaq</b>&nbsp;is by far the worst performer, and many other high-growth tech stocks are among the market's worst performers.</li>\n</ul>\n<p><b>Now what</b></p>\n<p>The two company-specific news items are likely not what's causing today's move. While PayPal's push into the Japanese BNPL market is certainly not a positive factor for Square, it isn't likely to be a major needle-mover affecting the business.</p>\n<p>Today's move seems to be fueled by severe weakness in growth stocks more than anything else. While it's worth keeping an eye on the competitive pressures in the BNPL space, PayPal's news shouldn't be too alarming to shareholders.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why did Square Stock Fall on Wednesday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy did Square Stock Fall on Wednesday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-09 10:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/08/why-is-square-falling-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nThe stock market was having a generally weak session on Wednesday, with all three major averages in the red.However,Square has been a major underperformer. As of closed, shares of the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/08/why-is-square-falling-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"https://www.fool.com/investing/2021/09/08/why-is-square-falling-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180369311","content_text":"What happened\nThe stock market was having a generally weak session on Wednesday, with all three major averages in the red.However,Square has been a major underperformer. As of closed, shares of the fintech specialist fell about 4%.\nSo what\nThere are three main stories and market forces that could be affecting Square's stock price today:\n\nOn a positive note, the company announced the launch of its Square Register hardware in Canada, which could bring larger sellers in the key international market into Square's ecosystem.\n\nIMAGE SOURCE: SQUARE.\n\nOn the other hand, we learned that PayPal is spending $2.7 billion to acquire Japanese buy now, pay later (BNPL) company Paidy. Not only is Japan one of the few international markets where Square has a presence, this also signals that PayPal is pushing into the BNPL space more aggressively than previously thought. Remember that Square is spending $29 billion to acquire Afterpay, and PayPal becoming more interested in BNPL could change the competitive dynamics.\nFinally, there is quite a bit of general weakness in the tech sector today. While all three major averages are in the red, the tech-heavy Nasdaq is by far the worst performer, and many other high-growth tech stocks are among the market's worst performers.\n\nNow what\nThe two company-specific news items are likely not what's causing today's move. While PayPal's push into the Japanese BNPL market is certainly not a positive factor for Square, it isn't likely to be a major needle-mover affecting the business.\nToday's move seems to be fueled by severe weakness in growth stocks more than anything else. 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Please like , Thanks","text":"Cyclic Intraday falls . Please like , Thanks","html":"Cyclic Intraday falls . Please like , Thanks","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}