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Monday, November 27, 2017

Analyst says bitcoin can't save Square's 'overdone' rally, shares fall 6% after downgrade

One Wall Street analyst downgrades Square, citing an "overdone" rally and worries of tying the company's success to volatile bitcoin. "It is not optimal from a risk standpoint for Square to have its fortunes tied to those of a cryptocurrency that has frequently displayed extreme volatility," wrote analyst Mark ...

from Google Alert - Bitcoin http://ift.tt/2jqiTfo

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