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Is Block Stock a Buy Now?

TheMotleyFool

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If you've been a longtime investor in Block (NYSE: XYZ), it's been an extremely volatile journey. Shares of the innovative financial services company soared over 2,000% from their initial public offering in November 2015 to their peak in August 2021. However, slower growth and subdued market sentiment have pushed shares lower since, as they trade 80% below that record high (as of May 21).

Despite the choppy performance, Block deserves a closer look from investors. Should you buy this fintech stock right now?

Image source: Block.

Source Fool.com

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