You realise in your research that you may need some sort of benchmark to compare Square's share price against and that analysing multiples might be useful in valuing Square.

A friend on social media has significant holdings (i.e. they own shares) in Square. They post false rumours about Square being acquired by a competing firm in order to influence the share price upwards.

What is the current share price of Square (choose any date from April 1 2021)? 

How would the attempt to manipulate this share price be viewed if you considered this in light of the CFA Code of Ethics and Standards of Professional Conduct.

Answer rating: 100% (QA)

The detailed answer for the above question is provided below As of April 23 2021 the closing price o... View the full answer