SQ Stock Recent News

The company, formerly known as Square, now building a full bitcoin mining system.

Block and PayPal both look attractively valued at current levels. Both stocks should benefit from new AI-powered offerings.

The trajectory of Block (NYSE: SQ ) stock looks like this: $80 in 2020, then $289 in 2021, and back to $80 in 2024. It's been quite a roller-coaster ride for loyal shareholders.

The latest trading day saw Block (SQ) settling at $73.51, representing a +0.51% change from its previous close.

Although it had performed well in 2015 and beyond, this stock crashed heavily in 2022 as the company reported slowing growth and quarter after quarter of financial losses. Overextension into emerging markets, high inflation, and crypto winter stomped its stock price into the ground.

Recently, Zacks.com users have been paying close attention to Block (SQ). This makes it worthwhile to examine what the stock has in store.

Block, Inc. stock has outperformed expectations since I upgraded SQ to a Buy. Block is well-positioned for significant operating leverage growth as it scales and gains share. Block faces intense competitive headwinds. However, it has demonstrated its business model.

Here are two stocks that I think could explode in the second quarter.

There are three types of closed-end fund structures: perpetual, term, and target term. Term funds aim to minimize the discount at which the fund trades versus its share price. Today we have four funds that are nearing their completion dates. JPI, DCF, CBH, and IHTA. We'll go through them one-by-one. Term funds are similar to buying a discounted bond that is nearing its maturity. There are a few other risks that are involved here.

The latest trading day saw Block (SQ) settling at $78.51, representing a -1.84% change from its previous close.