Shares of Square (SQ) are trading 8% higher at a price of $72.02 at the time of this writing.

Square has been trading between a 52-week high of $289.23 and a 52-week low of $56.01. The stock has a market cap of $30.6 Billion.

Square, Inc. builds tools to empower businesses and individuals to participate in the economy. Sellers use Square to reach buyers online and in person, and to manage their business.

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Stock futures rise ahead of key Fed decision
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The Law Offices of Frank R. Cruz Announces Investigation of Block, Inc. (SQ) on Behalf of Investors
Business Wire 07-26-22

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As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

StophJS - 2 upvotes - source
SQ is doing surprisingly well today...

NihFin - 2 upvotes - source
SQ and SHOP should merge imo