Aug 2nd, 2021

Square Stock Surges on $29 Billion Deal to Buy Afterpay

Lisa Ellis, senior analyst at Moffett Nathanson, discusses Square’s $29 billion deal to buy Australian “buy now, pay later” company Afterpay. She says it's a push to attract younger consumers by steering them away from traditional credit. Ellis speaks with Emily Chang on “Bloomberg Technology.” (Source: Bloomberg)