2 Reasons to Buy Block, and 1 Reason to Sell
Financial technology, otherwise known as fintech, has been one of the hottest investing themes of the past decade. One of the most innovative fintech companies to come out of the last decade is Block (NYSE: SQ), formerly known as Square. The company operates both a merchant and consumer fintech platform, and its stock is up over 800% since its initial public offering in 2015. But recently the shares have taken quite a tumble, down 53% in the past 12 months.
Here are two reasons to buy Block stock, and one reason to sell.
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Source Fool.com
