Block (SQ) Gains 9% in 6 Months: Should You Buy the Stock?
BLOCK(SQ) ZACKS·2024-07-23 23:40
Block (SQ) has seen its stock price increase 9% in the past six months, slightly below the broader Zacks Business-Services sector’s rise of 9.1% and underperforming the industry’s growth of 23.5%. This modest gain came amid a challenging macroeconomic environment, raising questions about the company's future trajectory and what investors can expect moving forward.Market uncertainties, high inflation, unfavorable foreign exchange fluctuations and sluggish trends in consumer spending are concerning for the co ...