Block Stock Rises 24.7% in a Month: What This Means for Investors

Key Takeaways Block jumped 24.7% in a month, outperforming its industry's 5.7% gain and rising 7.2% intraday yesterday. SBlock, Inc. (XYZ) shares have surged 24.7% in a month, outperforming its industry’s rise of 5.7%. Notably, XYZ shares gained 7.2% during the intra-day trading session yesterday, after Block had made it to the coveted S&P 500 list.On Friday, July 18, S&P Dow Jones Indices announced that it will add Block to the S&P 500 Index, replacing Hess, which is set to be acquired by Chevron. The cha ...