Why Block Stock Got Mashed on Monday

Why Block Stock Got Mashed on Monday

Fintech Block (NYSE: SQ) had a frosty Monday on the stock exchange. The company's shares fell by over 5% on the day, a far steeper tumble than the 0.4% slip experienced by the S&P 500 index. To be clear, that company -- Daiwa Securities -- is still bullish on Block's future, it's just tempering its optimism.