Block Inc ( XYZ ) shares are trading marginally lower Friday morning, continuing to digest last week’s third-quarter earnings miss. Despite the recent pullback, J.P. Morgan reiterated its Overweight rating on the stock, citing a significant “step-up in product velocity” following the company’s inaugural Cash App Release. Here’s what investors need to know.

XYZ stock is trending lower. Track the latest developments here.

What To Know: Analyst Tien-tsin Huang highlighted several new features designed to differentiate Cash App from traditional financial institutions. Key announcements included “Cash App Green,” a status program offering perks like 3.5% savings interest to active users , and a “Modern Credit Approach” that utilizes real-time financial data rather than traditional credit checks.

The firm also noted the introduction of Moneybot, an AI financial assistant, and new capabilities allowing users to pay Lightning-enabled merchants directly with USD.

While the stock remains under pressure after missing third-quarter revenue estimates ($6.11 billion vs. $6.31 billion), J.P. Morgan views these product innovations as central to their bullish thesis.

Investors are now looking toward the upcoming Investor Day on Nov. 19 for further clarity on Block’s mid-term ambitions.

Benzinga Edge Rankings: Benzinga Edge data underscores the company’s underlying potential with a robust Growth score of 93.71, which stands in contrast to a weaker Momentum rating of 25.20.

XYZ Price Action: Block shares were down 1.28% at $61.50 at the time of publication on Friday, according to Benzinga Pro data.

Read Also: Block’s Strong Quarter Overshadowed By Market Overreaction, Growth Story Remains Intact: Analyst

How To Buy XYZ Stock

By now you're likely curious about how to participate in the market for Block – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

In the case of Block, which is trading at $61.12 as of publishing time, $100 would buy you 1.64 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

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