Here's How Much Investing $1,000 In The 2015 Square IPO Would Be Worth Today
Investors who owned stocks in the past five years generally experienced some big gains. In fact, Since Nov. 19, 2015, the SPDR S&P 500 (NYSE: SPY) total return is 74.7%.On that day, Square Inc (NYSE: SQ) held its IPO, and IPO investors have significantly outperformed the market in the five years that have followed.Square’s Big Debut: Digital payment pioneer Square was founded in 2009 and made the move to go public just six years later. It priced its IPO at $9 per share, slightly short of its targeted range of between $11 and $13. Square raised $243 million at a …read more […]
