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Block Shares Fall After Multiple Analyst Downgrades
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Block Shares Fall After Multiple Analyst Downgrades
May 26, 2025 12:29 AM

12:42 PM EDT, 05/02/2025 (MT Newswires) -- Block (XYZ) shares fell 21% in recent Friday trading after multiple analysts downgraded the stock.

Among those that cut the stock's rating were BMO, to market perform from outperform; Seaport Global, to neutral from buy; and Benchmark, to hold from buy.

Intraday trading volume was about 35.4 million shares against a daily average of about 9.2 million shares.

Price: 46.25, Change: -12.23, Percent Change: -20.91

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