2023-12-19 08:45:00 ET
Ever since reporting its latest financial results, Block (NYSE: SQ) shares have been on an absolute tear. As of Dec. 15, they are up an incredible 69% from Nov. 2, the date of the announcement.
This is what shareholders want to see from a stock that is still well below its peak price. Perhaps next year will bring a continuation of this robust performance.
Can this leading fintech enterprise see its shares rise to $100 by the end of 2024, which translates to about a 30% gain? I don't think it's out of the question at all.
For further details see:
Can Block Stock Reach $100 in 2024?