Square Finds Profitable Niche Between Food Trucks and Starbucks
Square Inc. seems to have found its place, proving this quarter that the mobile payments processor is useful for more than just food trucks and farm stand sellers. Square showed that it could attract bigger businesses as customers, with a 61 percent increase in the volume of payments transacted from larger sellers. Shares rose as much as 18 percent to $12.28 Thursday, the biggest intraday gain since its public market debut in November.http://www.bloomberg.com/news/articles/2016-08-04/square-finds-profitable-niche-between-food-trucks-and-starbucks