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:
@GoldenSachs GoldmanSachs Twitter account
@morganstanley Morgan Stanley Twitter
@jpmorgan JPMorgan Twitter
What do we know about the Square IPO offering so far? Here are the basic facts:
- Square’s IPO stock price will be offered around $11-$13 a share
- The company will be valued at over 4 billion dollars
- Square is lead by Jack Dorsey, also CEO and founder of Twitter
- Square could raise up to $400 million in this offering
- Square will sell almost 26 million shares
- Square will trade on the New York Stock Exchange under the SQ symbol
Follow the action on the Square stock SQ on Twitter with the following stock cashtag and hashtags:
$sq the Square Cashtag
Follow Square IPO on Square’s Twitter page here:
@square: tweeting all the latest mobile payment business news as well as the Square IPO.
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