Woo, nice surprise!
leoj said:
Long term, will benefit from gaming and iot tailwinds. I would be a buyer at the right points, I probably need to look more at results and forecasts, not top of my radar but in the chip sector you can't go wrong probably between them, AMd, and LRCX.
So, did SQ earnings leak or something? Just went up 5% ah
Quote:
Press Release: Square Announces Second Quarter 2020 Results
7:14 pm ET August 4, 2020 (Dow Jones) Print
Square Announces Second Quarter 2020 Results
SAN FRANCISCO--(BUSINESS WIRE)--August 04, 2020--
Due to early external access of the company's quarterly financials, Square, Inc. (NYSE: SQ) has posted its results for the second quarter of 2020 on the Financial Information section of its Investor Relations website at square.com/investors.
Square will host a conference call and earnings webcast tomorrow, August 5, 2020, now scheduled at 5:00 a.m. Pacific time/8:00 a.m. Eastern time to discuss these financial results. To register to participate in the conference call, or to listen to the live audio webcast, please visit the Events section of Square's Investor Relations website at square.com/investors. A replay will be available on the same website following the call.
Quote:
Square Inc. reported second-quarter results on Tuesday, showing the effects of the coronavirus pandemic. Here's what you need to know:
LOSS: Net loss widened to $11.5 million, or 3 cents a share, from $6.7 million, or 2 cents a share, a year earlier. On an adjusted basis, Square reported a profit of 18 cents a share, down from 21 cents a share a year earlier.
REVENUE: Net revenue rose to $1.92 billion from $1.17 billion a year earlier.
PAYMENT VOLUME: Gross payment volume fell 15% to $22.8 billion, a smaller drop than analysts had projected, according to FactSet.
OUTLOOK: Square had withdrawn financial projections for the year, citing the business impact of the coronavirus pandemi
Orlando Ayala Cant Read said:
My compliments to anyone w balls enough to buy into tourism (Wynn) , oil, and airlines rn.
The Pilot said:
I was able to buy NVAX at 120, talk about a quick jump.
gig em 02 said:
Holy crap, I've got a couple net free 8/21 155c for SQ that I wasn't planning to hold through earnings so I hope this holds!
so I should hold until 8/21 and then buy one of those discount suites at kyle?McInnis 03 said:gig em 02 said:
Holy crap, I've got a couple net free 8/21 155c for SQ that I wasn't planning to hold through earnings so I hope this holds!
I see many thinking short squeeze coming in the a.m.
McInnis 03 said:
Why the F did I not go nuts on LVGO at 109 last week. I thought about it hard.
McInnis 03 said:McInnis 03 said:
Why the F did I not go nuts on LVGO at 109 last week. I thought about it hard.
TDOC buying LVGO for $18B
oldarmy1 said:
MARA above $4. Any buys made have an opportunity coming.
jeromePOWell said:
MARA up, wanted to buy more calls yesterday but didn't have anything I wanted to sell - not the worst problem in the world though
wanderer said:McInnis 03 said:McInnis 03 said:
Why the F did I not go nuts on LVGO at 109 last week. I thought about it hard.
TDOC buying LVGO for $18B
Looks like the buyout price per share is $158.98. Will be interested to see what my 8/7 150 calls look like. It would make sense that they will max out at some value and not move since the stock price should be stationary in theory. Is this what happens??