Square is one of the standout tech companies hitting the IPO market this week before Thanksgiving. Square is one of the original leaders in mobile payments and is need of cash to securely position itself in this industry as competitors are on the rise.
How and where can you buy Square SQ Stock? Unfortunately, IPO’s are usually reserved for the big individual players, investment bankers and certain mutual funds. The following stock brokerage companies will be handling the Square IPO: Goldman Sachs Group, Morgan Stanley and JPMorgan Chase & Co. are underwriting the IPO along with Barclays Plc. Deutsche Bank AG Jefferies, RBC Capital Markets, and Stifel.
Most of the big underwriters have strict limits and minimal account requirements that must be met in order to place a buy order during the IPO phase. And this amount could be in the hundreds of thousands of dollars. Underwriters like the lead one Goldman Sacbs Group, Morgan Stanley and JPMorgan Chase will have a strong influence on how the Square IPO stock stock is handled.
Follow Square IPO tweets from these Investment Banks: