Square Eclipses Twitter as Market Value Tops $15 Billion
- Square shares have surged 189% this year vs Twitter’s 25% gain
- CEO Jack Dorsey has a much larger stake in one of the firms
Photographer: Bloomberg
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Jack Dorsey is losing at his own game. Or is he winning?
The market value of Square Inc. surpassed $15 billion Friday, making the payments player worth more than its chief executive’s other company, Twitter Inc., for the first time. Square shares have almost tripled this year as the firm has posted earnings beat after earnings beat.