Shorts Get Slammed After Square Stock Skyrockets On Q2 Earnings, Afterpay Acquisition
August 02, 2021 at 15:45 PM EDT
Square, Inc. was skyrocketing up over 10% on Monday after trading lower in the premarket session. On Sunday, firm printed its second-quarter 2021 results and announced it had agreed to purchase Afterpay in an all-stock deal valued at $29 billion.