Block, Inc. SQ shares are flat Thursday, while the stock is down more than 21% over the last month. Here's a look at what to know.
What To Know:
Block Inc. may be dealing with the aftermath of major outages earlier in September with both its merchant payment solution, Square, and its peer-to-peer payment solution, CashApp as the stock is down 21% for the month and nearly 30% year-to-date.
On Wednesday, Square announced several new features, including generative AI integrations. Retailers can now use generative AI within Square to create automatically generated titles and product descriptions.
Block Inc.'s stock is drawing interest from retail investors and is listed among the top trending tickers on Yahoo! Finance.
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SQ Price Action: According to Benzinga Pro, Block Inc. shares are down 0.4% at $43.97 at the time of publication.
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