Square Inc. ( SQ ) Is Losing Ground After CFO Steps Down

(RTTNews.com) - Square Inc. ( SQ ) announced after the bell Wednesday that Sarah Friar will step down as Chief Financial Officer of the company. She has accepted an offer to become Chief Executive Officer of Nextdoor.

Square has gapped open lower Thursday morning and is now down 5.50 at $71.95. The stock has been pulling back from the highs of the year for the past 2 weeks and has dropped to nearly a 2-month low.

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