Square Stock: Too High, Too Fast?
- Monday, July 13, 2020, 7:13
- Market
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After swelling 3.2x off the March 23 bottom, Square’s stock looks fully valued based on its historic PS multiples. Square’s stock rallied from $40 to an all-time high of almost $134 before settling at its current level around $125 – a sharp increase compared to the S&P, which moved around 40%…