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Is Block Stock a Buy Now?


Block (NYSE: SQ) stock rallied 7% on Feb. 24, just ahead of its fourth-quarter earnings report. It posted better-than-expected numbers after the market close, and shares have gained another 33% since the release.

But even after that big jump, the stock remains more than 55% below its all-time high of $289.23, which it hit last August. Should investors consider accumulating some shares of this fintech company today?

Image source: Block.

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Source Fool.com

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