Question
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
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.
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