Square Is Going Public At A Price Lower Than Planned | WIRED

As a student eloquently said a week or so ago in regards to IPOs: wait for the hype to pass. I wonder what P/E and P/B will be for Square’s stock at close. Also, how is their business? Do they have a higher ROIC than their peers or a plan to do so in the future? These are questions to consider before jumping in on an IPO (either at the IPO price or opening price). An efficient market will answer these questions via the stock price. We shall see.

-Dr. Moore


Leave a Comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s