Here's Why Block Is Rising on Wednesday

·1 min read
Here's Why Block Is Rising on Wednesday

The stock market was having a strong start to the day on Wednesday, with all three major indexes firmly in positive territory shortly after the opening bell. First, the recent market turbulence has disproportionately affected high-growth tech stocks, and Block is certainly one of them. The most beaten-down stocks are also the ones rebounding the most on Wednesday, so much of the move can be attributed to general market momentum.

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