Is Block Stock a Buy Now?
If you've been a longtime investor in Block (NYSE: XYZ), it's been an extremely volatile journey. Shares of the innovative financial services company soared over 2,000% from their initial public offering in November 2015 to their peak in August 2021. However, slower growth and subdued market sentiment have pushed shares lower since, as they trade 80% below that record high (as of May 21).Despite the choppy performance, Block deserves a closer look from investors. Should you buy this fintech stock right now?Image source: Block.Continue reading
If you've been a longtime investor in Block (NYSE: XYZ), it's been an extremely volatile journey. Shares of the innovative financial services company soared over 2,000% from their initial public offering in November 2015 to their peak in August 2021. However, slower growth and subdued market sentiment have pushed shares lower since, as they trade 80% below that record high (as of May 21).
Despite the choppy performance, Block deserves a closer look from investors. Should you buy this fintech stock right now?
Image source: Block.
