Square 1 Financial, Inc. (NASDAQ:SQBK) has traded in a tight range since its IPO back in late March with the shares floating between $17-$21 and most recently closing at $19.10, an inception to date performance of just 6%. While the stock has kept pace with S&P 500-based ETF's YTD this is not the performance that investors, myself included, expected from an IPO that was to be the first real competitor with SVB Financial (NASDAQ:SIVB) in a space that has produced highly predictive profits historically. The fundamental improvements made at SQBK since its IPO have been made obvious with the company's most recent quarterly results announcement and 10-Q but the stock has failed to react positively to...
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