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Why Payments Provider Block's Stock Is Down 10% Friday
Investopedia·2025-11-08 02:00

Block (XYZ) shares slumped Friday after the fintech company's quarterly results fell short of Wall Street's expectations on the top and bottom lines. Shares of payments provider Block have lost about one-quarter of their value in 2025. Al Drago / Bloomberg / Getty Images Close Key Takeaways The stock was down about 10% in recent trading, leading decliners in the S&P 500. Read Investopedia's full daily markets coverage here. Block reported adjusted earnings of 54 cents a share on revenue that rose about ...