2024-05-16 06:45:00 ET
Block (NYSE: SQ) has taken its investors on a wild ride. Shares were once a huge winner in the years leading up to the all-time high reached in August 2021. It helped that the stock market performed well during that time.
But with general pessimism surrounding growth-oriented businesses in more recent times, particularly ones that benefited greatly during the depths of the pandemic, it's been a disappointing story since. This fintech stock currently trades about 75% below its peak price.
Does Block still have what it takes to become a millionaire maker?
For further details see:
Is Block a Millionaire Maker?