SQ2 News: Block Surges 47.9% in a Year: Should SQ Stock be in Your Portfolio? - 24th Sep 2024, 2:55am

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Buoyed by a holistic growth model, Block SQ has gained 47.9% over the past year, outperforming the Zacks Business-Services sector’s rally of 26.9% and the S&P 500’s return of 31.1%.

However, the company has underperformed its industry’s rise of 62.9% in the same time frame.

Block’s strong positioning in the digital payments industry on the back of its robust payment and point-of-sale (POS) solutions, which include both hardware and software to accept payments, streamli...

>>> Read more: Block Surges 47.9% in a Year: Should SQ Stock be in Your Portfolio?
 
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