Square Shrugs Off BTIG Downgrade, Flirts With All Time High

Square Inc. SQ shares are trading lower by $0.17 at $14.85 in Thursday's session. Before the open, BTIG downgraded the issue from Buy to Neutral and removed the price target of %15, since it was reached in Wednesday's session. After a lower open, it challenged its all time closing high price of $15.02, but the rally stalled at $14.99 and the issue turned lower. The ensuing decline took the issue down to $14.37, which was well ahead of Wednesday's low of $13.80. Since making the make it has returned to the upper $14 handle.