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Why Block Stock Is Crashing Today
Shares of Block (NYSE: XYZ) are falling on Friday. The stock dropped 20.7% as of 12:55 p.m. ET and was down as much as 24.3% earlier in the day. The move comes as the S&P 500 (SNPINDEX: ^GSPC) and ...
Benchmark analyst Mark Palmer reiterated a Buy rating on Block with a price target of $99. Citizens analyst Andrew Boone maintained a Market Perform rating with no price target. Raymond James analyst ...
Block Inc. gained 9% in pre-market trading following its S&P 500 inclusion announcement. While the fintech company presents a mixed investment profile with strong balance sheet metrics offset by ...
From March 15, 2018, through March 11, 2025, shares of financial technology (fintech) stock Block (NYSE: XYZ) were up less ...
The stock is down almost 80% from its all-time high, but evidence points to brighter days ahead. However, the fintech company has fallen out of favor with the market. Shares now sit nearly 80% below ...
Block is rated hold as it navigates a complex transition toward an autonomous economic platform, with execution risks tempering upside. Despite a $5B stock buyback and GAAP profitability, XYZ's ...
Block (NYSE: XYZ) was once a high-flying stock. In the five years leading up to their peak in August 2021, shares were up an astonishing 2,430%. Growth was fantastic, and the market was warming up to ...
CHONGQING, CHINA - FEBRUARY 16: In this photo illustration - The Block logo is displayed on a smartphone screen in front of a stock chart showcasing Block Inc.'s financial performance, core businesses ...
The technicals are now heavily bearish, but that is no surprise given the post-earnings rout in the stock. In my view, most recent earnings were actually resilient, and while guidance was weaker than ...
Block reported its Q1 2025 numbers yesterday, underperforming across the board. Revenue for the quarter was down 3% year over year (YOY), coming in at $5.77 billion when $6.2 billion was expected.
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