Rotten Tomato Stocks
No Result
View All Result
  • News
    Malakoff Shares Fall After First-Quarter Loss

    Malakoff Shares Fall After First-Quarter Loss

    Shell Agrees to Pay $10 Million for Air Pollution at Massive New Pennsylvania Petrochemical Plant

    Shell Agrees to Pay $10 Million for Air Pollution at Massive New Pennsylvania Petrochemical Plant

    Do Not Call: States Sue Telecom Company Over Billions of Robocalls

    Do Not Call: States Sue Telecom Company Over Billions of Robocalls

    Wall Street Slides as Debt Worries Worsen

    Wall Street Slides as Debt Worries Worsen

  • NYSE
    RLJ Lodging Trust (NYSE:RLJ) Short Interest Down 13.0% in May

    RLJ Lodging Trust (NYSE:RLJ) Short Interest Down 13.0% in May

    Big Lots’ stock tumbles toward 32-year low after losses nearly double forecasts, dividend is suspended

    Big Lots’ stock tumbles toward 32-year low after losses nearly double forecasts, dividend is suspended

    Eversource Energy (NYSE:ES) Stock Price Down 2.8% Following Analyst Downgrade

    Eversource Energy (NYSE:ES) Stock Price Down 2.8% Following Analyst Downgrade

    Albany International (NYSE:AIN) Seems To Use Debt Quite Sensibly

    Albany International (NYSE:AIN) Seems To Use Debt Quite Sensibly

  • NASDAQ
    ACV Auctions Inc. (NASDAQ:ACVA) Short Interest Down 8.5% in May

    ACV Auctions Inc. (NASDAQ:ACVA) Short Interest Down 8.5% in May

    Is Cognizant Technology Solutions (NASDAQ:CTSH) A Risky Investment?

    Is Cognizant Technology Solutions (NASDAQ:CTSH) A Risky Investment?

    Adicet Bio, Inc. (NASDAQ:ACET) Sees Significant Decline in Short Interest

    Adicet Bio, Inc. (NASDAQ:ACET) Sees Significant Decline in Short Interest

    Nikola stock falls after EV maker receives notice of noncompliance with minimum-price listing requirement

    Nikola stock falls after EV maker receives notice of noncompliance with minimum-price listing requirement

  • OTC
    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    Corus Entertainment 4Q Profit Falls

    Corus Entertainment 4Q Profit Falls

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

  • TSX
    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    Bitcoin Is Falling: Should You Buy the Dip?

    Bitcoin Is Falling: Should You Buy the Dip?

    CN Rail Stock Is So Undervalued That it’s Absurd

    CN Rail Stock Is So Undervalued That it’s Absurd

  • News
    Malakoff Shares Fall After First-Quarter Loss

    Malakoff Shares Fall After First-Quarter Loss

    Shell Agrees to Pay $10 Million for Air Pollution at Massive New Pennsylvania Petrochemical Plant

    Shell Agrees to Pay $10 Million for Air Pollution at Massive New Pennsylvania Petrochemical Plant

    Do Not Call: States Sue Telecom Company Over Billions of Robocalls

    Do Not Call: States Sue Telecom Company Over Billions of Robocalls

    Wall Street Slides as Debt Worries Worsen

    Wall Street Slides as Debt Worries Worsen

  • NYSE
    RLJ Lodging Trust (NYSE:RLJ) Short Interest Down 13.0% in May

    RLJ Lodging Trust (NYSE:RLJ) Short Interest Down 13.0% in May

    Big Lots’ stock tumbles toward 32-year low after losses nearly double forecasts, dividend is suspended

    Big Lots’ stock tumbles toward 32-year low after losses nearly double forecasts, dividend is suspended

    Eversource Energy (NYSE:ES) Stock Price Down 2.8% Following Analyst Downgrade

    Eversource Energy (NYSE:ES) Stock Price Down 2.8% Following Analyst Downgrade

    Albany International (NYSE:AIN) Seems To Use Debt Quite Sensibly

    Albany International (NYSE:AIN) Seems To Use Debt Quite Sensibly

  • NASDAQ
    ACV Auctions Inc. (NASDAQ:ACVA) Short Interest Down 8.5% in May

    ACV Auctions Inc. (NASDAQ:ACVA) Short Interest Down 8.5% in May

    Is Cognizant Technology Solutions (NASDAQ:CTSH) A Risky Investment?

    Is Cognizant Technology Solutions (NASDAQ:CTSH) A Risky Investment?

    Adicet Bio, Inc. (NASDAQ:ACET) Sees Significant Decline in Short Interest

    Adicet Bio, Inc. (NASDAQ:ACET) Sees Significant Decline in Short Interest

    Nikola stock falls after EV maker receives notice of noncompliance with minimum-price listing requirement

    Nikola stock falls after EV maker receives notice of noncompliance with minimum-price listing requirement

  • OTC
    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    Corus Entertainment 4Q Profit Falls

    Corus Entertainment 4Q Profit Falls

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

  • TSX
    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    Bitcoin Is Falling: Should You Buy the Dip?

    Bitcoin Is Falling: Should You Buy the Dip?

    CN Rail Stock Is So Undervalued That it’s Absurd

    CN Rail Stock Is So Undervalued That it’s Absurd

No Result
View All Result
Rotten Tomato Stocks
No Result
View All Result

Why Was Square Stock Falling on Wednesday?

Editorial Staff by Editorial Staff
April 17, 2021
0
Why Was Square Stock Falling on Wednesday?

What happened

The stock market was having a mildly negative session on Wednesday, with the S&P 500 down by about 0.3% shortly before the end of the trading day. However, fintech giant Square (NYSE: SQ) was a notable underperformer — as of 3:45 p.m. EDT, shares had fallen by more than 5%.

So what

This move might seem odd given all of the hype surrounding Bitcoin and other cryptocurrencies. Coinbase completed its long-anticipated direct listing today, and shares were trading for about 30% more than their initial reference price.

However, it seems like the hype faded throughout the session. At their peak, Coinbase shares had popped by more than 70%, so it’s fair to say that investor demand for cryptocurrency-related stocks might be cooling off. And Square has a massive Bitcoin operation — some estimates say that as much as one-fourth of all U.S. Bitcoin volume can be attributed to the Cash App.

Beyond that, it’s also worth noting that many tech stocks are weak today. The Nasdaq is by far the worst performing of the three major indexes, and several other high-interest tech stocks are seeing similar declines.

Now what

On days like today, it’s important to take a step back, especially since there doesn’t appear to be any company-specific news fueling the move. And it’s also important to remember that Square’s stock is up by 334% over the past year, even after today’s drop, so don’t read too much into it.

Related Posts

ACV Auctions Inc. (NASDAQ:ACVA) Short Interest Down 8.5% in May
NASDAQ

ACV Auctions Inc. (NASDAQ:ACVA) Short Interest Down 8.5% in May

May 29, 2023
Is Cognizant Technology Solutions (NASDAQ:CTSH) A Risky Investment?
NASDAQ

Is Cognizant Technology Solutions (NASDAQ:CTSH) A Risky Investment?

May 29, 2023
Adicet Bio, Inc. (NASDAQ:ACET) Sees Significant Decline in Short Interest
NASDAQ

Adicet Bio, Inc. (NASDAQ:ACET) Sees Significant Decline in Short Interest

May 29, 2023
Nikola stock falls after EV maker receives notice of noncompliance with minimum-price listing requirement
NASDAQ

Nikola stock falls after EV maker receives notice of noncompliance with minimum-price listing requirement

May 25, 2023
Load More
Next Post
Why Baidu Stock Fell 23.3% in March

Why Baidu Stock Fell 23.3% in March

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

POPULAR NEWS

CNH Industrial (NYSE:CNHI) Use Of Debt Could Be Considered Risky

CNH Industrial (NYSE:CNHI) Use Of Debt Could Be Considered Risky

April 14, 2021
CN Rail Stock Is So Undervalued That it’s Absurd

CN Rail Stock Is So Undervalued That it’s Absurd

May 2, 2021
Bitcoin Is Falling: Should You Buy the Dip?

Bitcoin Is Falling: Should You Buy the Dip?

May 3, 2021
Corus Entertainment 4Q Profit Falls

Corus Entertainment 4Q Profit Falls

October 22, 2021
US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

June 17, 2021

EDITOR'S PICK

Sims Metal Management (OTCMKTS:SMSMY) Reaches New 1-Year Low at $5.00

TSX falls 4.6% to 14,270.09

March 11, 2020
Why Roku Stock Fell 15% in April

Why Roku Stock Fell 15% in April

May 6, 2023
NHTSA Opens New Investigation Into Takata Airbags

NHTSA Opens New Investigation Into Takata Airbags

September 21, 2021
Policy Center Says Debt Limit Could Be Hit in Mid-October

Policy Center Says Debt Limit Could Be Hit in Mid-October

September 13, 2021

Stay Updated

Get breaking news delivered straight into your inbox

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Rotten Tomato stocks is a wholly-owned subsidiary of Grainne Capital Limited.
While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Rotten Tomato Stocks cover the companies and markets that are declining, failing or headed for disaster. We help investors spot the down tends and recognize when something smells rotten.

RECENT POSTS

Malakoff Shares Fall After First-Quarter Loss

RLJ Lodging Trust (NYSE:RLJ) Short Interest Down 13.0% in May

Big Lots’ stock tumbles toward 32-year low after losses nearly double forecasts, dividend is suspended

POPULAR POSTS

Eversource Energy (NYSE:ES) Stock Price Down 2.8% Following Analyst Downgrade

ACV Auctions Inc. (NASDAQ:ACVA) Short Interest Down 8.5% in May

Is Cognizant Technology Solutions (NASDAQ:CTSH) A Risky Investment?

© Copyright 2023 RottenTomatoStocks. All Rights Reserved 

Disclaimer | Privacy Policy

No Result
View All Result
  • HOME
  • NEWS
  • NYSE
  • NASDAQ
  • OTC
  • TSX

© 2021 RottenTomatoStocks.com

error: Content is protected !!
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.