Shares of Block dropped after analysts expressed concern its Cash App performance was weaker than expected. The parent company of Square and Cash App's stock fell almost 22%, to $45.71, late ...

The stock was a pandemic darling, but investors have endured several years of miserable performance since it all came apart.

Block (NYSE: XYZ) was once a top-performing stock. In the five years leading up to its peak price in August 2021, shares had soared an astonishing 2,430%. Growth was robust, and the market had an ...

PayPal’s Venmo continues to gain ground, reporting more than 20% year-over-year revenue growth in the second quarter.

Block’s stock is falling after Cash App customers got more hesitant about spending and inflows By Emily Bary Last Updated: May 1, 2025 at 8:19 p.m. ET First Published: May 1, 2025 at 4:16 p.m. ET ...

The stock’s annual returns have fluctuated considerably, with a 45% gain in 2021, a sharp 89% decline in 2022, a strong rebound of 278% in 2023, and an exceptional 713% increase in 2024.

Unexpected changes in the ways consumers spent their money on Block's peer-to-peer Cash App platform caused the payment and commerce company to miss its internal – and analysts '– targets and spurred ...