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Index inclusion creates immediate buying pressure as passive funds purchase shares to match the S&P 500 composition.
Block shares surged Monday as the digital payments provider prepares to join the S&P 500 Index starting Wednesday.
Block, Inc. XYZ shares have surged 24.7% in a month, outperforming its industry’s rise of 5.7%. Notably, XYZ shares gained ...
Block jumped after being tapped to join the S&P 500, a move that sets the stage for index investors to buy the stock.
Block (NYSE: XYZ) has surged by over 7% this morning after the S&P Dow Jones Indices announced that this company is joining ...
Opendoor Technologies rose 25% in premarket trading after a social media post by Carvana spotter Eric Jackson. Tesla rose ...
Block (XYZ) stock surged as much as 8.9% in Monday morning trading after S&P Dow Jones Indices said it will add the Cash App ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
After Friday’s closing bell, S&P Global announced that Block Inc. (XYZ) will be added to the benchmark S&P 500 Index ($SPX) effective before the start of trading this Wednesday, July 23. Jack ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Tech billionaire Jack Dorsey-led Block's shares rose 7% in morning trading on Monday after the payments firm was added to the ...
Block's membership in the index comes as it transitions into an all-in-one finance platform that offers debit cards and loans ...