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Block, Inc. SQ shares have lost 15.2% in the year-to-date (YTD) period against the industryâs 21.3% growth. It has also lagged the broader Zacks Business Services sectorâs 10.2% return and the S&P 500âs 18.2% rally in the said time frame.
The company has been grappling with weakening transaction activities on Cash App, and softness in consumer spending trends in food and drink, and retail discretionary verticals.
Broader market volatility, high inflation, increased interest...
>>> Read more: SQ Stock Price Decreases 15.2% YTD: Should Investors Hold or Fold?
The company has been grappling with weakening transaction activities on Cash App, and softness in consumer spending trends in food and drink, and retail discretionary verticals.
Broader market volatility, high inflation, increased interest...
>>> Read more: SQ Stock Price Decreases 15.2% YTD: Should Investors Hold or Fold?
