Dorsey's Square jumps in market debut, offering hope to startups

November 19, 2015 4:05 PM

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Shares of Square Inc, the mobile payments company co-founded and still run by Twitter Inc Chief Executive Jack Dorsey, rose as much as 64 percent in their market debut, offering hope to tech startups hoping to go public.

Square's shares touched a high of $14.78 in early trading on Thursday, valuing the company at $4.77 billion.

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