Block stock jumps by most since April on addition to S&P 500
Main Idea
Block (NYSE:XYZ) stock rose significantly after being announced as a new addition to the S&P 500 Index, replacing Hess (HES).
Key Points
1. Block (NYSE:XYZ) stock surged up to 8.9% in Monday morning trading.
2. S&P Dow Jones Indices announced Block's inclusion in the S&P 500 Index.
3. Block will replace Hess (HES) in the S&P 500 Index.
Description
More on Block Toast Vs. Square (Block): If You Can Only Choose One Fintech Stock To Buy Block: Crypto Miss Block: Rally Isn't Finished Yet - Don't Bail Now The Bancorp expands partnership with Block, adding debit cards for Cash App customers
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