(CNBC) Square has been an outlier in this week’s payment stock wreckage.Shares of Mastercard, Visa, American Express and Paypal were battered as companies warned of a slowdown in spending and travel due to the quickly-spreading coronavirus. Meanwhile, Square surged as much as 10% a day after reporting better-than expected fourth-quarter results and upbeat guidance.
Square emerges as a coronavirus hedge while other payment stocks get crushed
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