Here's Why Block Was Falling on Monday

The stock market was having a pretty flat day on Monday, with the Dow Jones Industrial Average and S&P 500 slightly in positive territory and the Nasdaq slightly lower with a half hour to go in the trading session.

However, Block (NYSE: SQ) -- better known as Square -- was a major underperformer. Shares were down by more than 5% for the day. The stock is now just 3% away from its 52-week low.

Image source: Getty Images.

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Source Fool.com