Square emerges as a coronavirus hedge while other payment stocks get crushed

Square emerges as a coronavirus hedge while other payment stocks get crushed

Jack Dorsey, chief executive officer of Square Inc., second right, tours the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015. 

Yana Paskova | Bloomberg | Getty Images

Square has been an outlier in this week’s payment stock wreckage.

Shares of Mastercard, Visa, American Express and Paypalwere battered as companies warned of a slowdown in spending…

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