Barclays Analysts Predict Block Inc. May Join S&P 500 Index
Barclays analysts predict that Block Inc., led by Jack Dorsey, may be the next addition to the S&P 500 index. With a solid performance in the first quarter of 2024, including a positive net income of $472 million, SQ stock is seen as a strong contender for inclusion in the index. All eyes are on Block Inc. as the financial world eagerly awaits the S&P 500’s June 7th rebalance.
Block, Inc. (NYSE:SQ) Faces Gap Down in Share Price Despite Analyst Optimism
Read about the recent gap down in Block, Inc.’s share price on the stock market. Despite analyst optimism, the stock experienced an 8.5% decline. Learn about the company’s financial ratios, market capitalization, and analyst ratings. Stay informed with our financial news blog.