Square, Inc. (NYSE:SQ) began trading today on the New York Stock Exchange (NYSE) under the ticker symbol “SQ” after its initial public offering (IPO). Barclays is the Designated Market Maker for the company’s stock.
Square celebrated its public debut by hosting a Square Market beneath the NYSE facade, featuring some of the best local vendors, which are also Square sellers. Visitors to the Square Market browsed custom goods, got their beards trimmed, and enjoyed breakfast, lunch and desserts from food trucks and restaurants. The Square Market event kicked off with The Opening Bell® from outside the NYSE. Marcia Dorsey, mother of Square CEO Jack Dorsey, made a flower purchase from Square’s first seller, Cheri Mims. The sound of the completed transaction, coupled with the NYSE Bell, signified the start of the trading day.
“We’re pleased to welcome Square to our global community of leading innovators in technology,” said Garvis Toler III, NYSE Head of Global Capital Markets. “Square is helping sellers of all sizes start, run, and grow their businesses with its mobile payments technology and business services to help their sellers manage that growth. We congratulate Square on today’s milestone and look forward to celebrating many more.”
Click here to view Square’s bell ringing at the NYSE. Broadcast quality footage is available via the NYSE Broadcast Center at +1 212.656.5483 or NYSETV@NYSE.com.
Building upon four consecutive years of global leadership in capital raising, the NYSE is the venue of choice for technology IPOs in the U.S. Year-to-date, NYSE IPOs have raised over $19 billion in combined proceeds, which is 65% of all proceeds raised from qualifying U.S. IPOs. This includes 79% of all capital raised from tech IPOs.
To learn more about NYSE’s leadership in tech IPOs, click here.
