This Payment Stock Will Benefit Most From the Economic Reopening, Money Manager Says
By Gomez in Business
Updated 3 years ago
The recent slump in shares of Square has professional money managers looking elsewhere in the payments space for profit. Shares of the online payment company fell sharply ahead of its earnings report on Tuesday, with fellow industry player PayPal's stock following suit. The two giants, which bought into bitcoin last year, have come under pressure alongside the cryptocurrency.