News

Published on 24 Nov 2022 on Zacks via Yahoo Finance

Is Most-Watched Stock Block, Inc. (SQ) Worth Betting on Now?


Article preview image

Block (SQ) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Shares of this mobile payments services provider have returned +7.5% over the past month versus the Zacks S&P 500 composite's +7.5% change. The Zacks Technology Services industry, to which Block belongs, has gained 4.7% over this period. Now the key question is: Where could the stock be headed in the near term?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

NYSE.SQ price evolution
NYSE.DNOW price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Vertex Inc. trustee sells over $1.4 million in company stock By Investing.com

The trust's activity in the stock market comes as part of its regular financial management, and s...

Investing.com 25 Mar 2024

PulteGroup, Inc. (PHM) Is a Trending Stock: Facts to Know Before Betting on It

PulteGroup (PHM) has recently been on Zacks.com's list of the most searched stocks. Therefore, yo...

Zacks via Yahoo Finance 25 Mar 2024

IonQ, Inc. (IONQ) Stock Slides as Market Rises: Facts to Know Before You Trade

IonQ, Inc. (IONQ) closed the latest trading day at $9.42, indicating a -1.67% change from the pre...

Zacks via Yahoo Finance 21 Mar 2024

Why The Manitowoc Company, Inc. (MTW) Outpaced the Stock Market Today

The most recent trading session ended with The Manitowoc Company, Inc. (MTW) standing at $13.45, ...

Zacks via Yahoo Finance 21 Mar 2024

What Makes Robinhood Markets, Inc. (HOOD) a Strong Momentum Stock: Buy Now?

Momentum investing revolves around the idea of following a stock's recent trend in either directi...

Zacks via Yahoo Finance 21 Mar 2024

Here's Why GameSquare Holdings, Inc. (GAME) Is a Great 'Buy the Bottom' Stock Now

A downtrend has been apparent in GameSquare Holdings, Inc. (GAME) lately. While the stock has los...

Zacks via Yahoo Finance 21 Mar 2024

Is Now An Opportune Moment To Examine Workiva Inc. (NYSE:WK)?

While Workiva Inc. (NYSE:WK) might not have the largest market cap around , it saw significant sh...

Simply Wall St. via Yahoo Finance 21 Mar 2024

Snowflake Inc. (SNOW) Is a Trending Stock: Facts to Know Before Betting on It

Snowflake Inc. (SNOW) is one of the stocks most watched by Zacks.com visitors lately. So, it migh...

Zacks via Yahoo Finance 21 Mar 2024

Is Trending Stock Upstart Holdings, Inc. (UPST) a Buy Now?

Upstart Holdings, Inc. (UPST) has recently been on Zacks.com's list of the most searched stocks. ...

Zacks via Yahoo Finance 21 Mar 2024

Palantir Technologies Inc. (NYSE:PLTR) Director Sells $142,080.00 in Stock

Palantir Technologies Inc. (NYSE:PLTR – Get Free Report) Director Lauren Elaina Friedman Stat sol...

ETF DAILY NEWS 21 Mar 2024