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 ...
Block rose 7% Monday after S&P Global said the fintech company will replace Hess in the S&P 500. Passive funds are expected to buy around 101 million shares ahead of inclusion, according to Stephens.
Block's Square ecosystem and Cash App are two pillars of the business that provide steady revenue. The Cash App is a leading investment platform, particularly among younger customers. The company ...
Jack Dorsey’s Block Inc. joins the coveted S&P 500 on Wednesday, a symbolic milestone that puts the digital finance firm — pursuing everything from mobile banking to Bitcoin mining — under Wall Street ...
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