Shares of Square Inc. are up 8.5% in Monday trading and on track to close at a new all-time high. If the current gains hold, this would mark Square’s largest one-day percentage gain since May 4, 2017, when its stock rose 8.9%. The company said late Friday that its general counsel, Hillary Smith, would be resigning, and Square confirmed to MarketWatch that it hasn’t announced any news. The company announced better-than-expected earnings last week and CEO Jack Dorsey also said at the time that the company wanted to enhance its bitcoin offerings beyond buying and selling. Square shares are up 194% so far this year, while the S&P 500 Index is up 14%.
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