Why Block Stock Was Winning This Week
BLOCK(SQ) The Motley Fool·2024-11-15 20:00
One company that likely won't be happy to exit this week is Block (SQ -2.80%). Its stock was on the rise across the past few trading days thanks to a set of fresh -- and bullish -- evaluations of the fintech by analysts tracking its fortunes.As a consequence its share price had risen nearly 12% week to date as of Thursday night, according to data compiled by S&P Global Market Intelligence.Post-earnings updatesSomewhat counterintuitively, that cluster of positive new evaluations for Block came on the heels o ...