|Bid||61.09 x 800|
|Ask||61.10 x 1000|
|Day's Range||60.20 - 63.88|
|52 Week Range||51.34 - 195.28|
|Beta (5Y Monthly)||2.37|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 22, 2023 - Feb 27, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||90.42|
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In late 2021, Square Chief Executive Officer Jack Dorsey announced radical changes to his company's direction, including changing its name to Block (NYSE: SQ). Unfortunately, these changes had terrible timing and many investors were dubious about several of the company's strategies; at the same time, the economy took a turn for the worse. Nervous investors ran for cover, sending the stock down 61% year to date.
Square stock bulls focus on its Cash App and Afterpay synergies but bears worry over Bitcoin and a possible recession.
Some of our prior best-company picks are still powerhouses. Others have floundered.