Use This Correction to Buy Square Stock [Yahoo! Finance News]
Block, Inc. Class A, (SQ)
Last block, inc. class a, earnings: 2/26 04:05 pm
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Source: Yahoo! Finance News
The stock market remains tense over the coronavirus from China and its impact on global GDP growth. In the very short term, fear and uncertainty are dictating the market direction.Source: Jonathan Weiss / Shutterstock.com However, this is bound to change in the coming months, and beaten-down stocks will rally. One stock that's worth accumulating is Square (NYSE:SQ). Since the highs of fiscal year 2020, SQ stock has declined by more than 25%.It is worth noting that prior to reaching its 52-week highs of $87.25, the stock witnessed consolidation in the $60-$65 range. I believe that this range is a good zone to start buying shares.InvestorPlace - Stock Market News, Stock Advice & Trading TipsI also want to come back to the economic impact of Covid-19. An article from the Harvard Business Review discusses the shape of recoveries post-epidemics. The article states that "V-shapes monopolize the empirical landscape of prior shocks, including epidemics such as SARS, the 1968 H3N2 ('Hong Kong'
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News
- Jim Cramer Thinks Block Inc (SQ) Is ‘Not Done' [Yahoo! Finance]Yahoo! Finance
- Block, Inc. (SQ): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Block, Inc. (NYSE: SQ) was downgraded by analysts at BNP Paribas from an "outperform" rating to a "neutral" rating. They now have a $88.00 price target on the stock.MarketBeat
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- Afterpay’s BNPL Now Available on Google Pay, Offering Shoppers Even More Choice and FlexibilityBusiness Wire
SQ
Earnings
- 11/7/24 - Beat
SQ
Sec Filings
- 11/22/24 - Form 144
- 11/22/24 - Form 144
- 11/22/24 - Form 144
- SQ's page on the SEC website