Why Block Tumbled 24.3% in January

Block (NYSE: SQ) stock tumbled 24.3% in January, according to data provided by S&P Global Market Intelligence. 

The mobile payment company underperformed the major benchmarks, including the S&P 500, which was down about 5.9% in January, and the Nasdaq Composite, which was down 9% for the month.

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Source Fool.com