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Why Block Stock Dropped Again Today


Shares of fintech leader Block (NYSE: SQ) -- the artist formerly known as Square -- dropped in Monday morning trading. And yes, it kind of feels like the whole stock market is down today, but with a 4.5% decline as of 11:50 a.m. ET -- versus a decline of "only" 1.8% on the S&P 500 -- Block stock is doing a whole lot worse than most.

You can blame investment bank Wedbush for that.

Image source: Getty Images.

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Source Fool.com

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