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Posted by
Two Blokes Jul 21 -
Filed in
General
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#TwoBlokesTrading
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7 views
Block Inc. gained 9% in pre-market trading following its S&P 500 inclusion announcement. While the fintech company presents a mixed investment profile with strong balance sheet metrics offset by deteriorating growth and profitability challenges, the index inclusion provides near-term support for a stock that has demonstrated extreme volatility lately.
