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Why Block Dropped Nearly 3% Today

It was a volatile day for Block (NYSE: SQ) on Tuesday as the stock surged higher in the morning and then fell back down as the trading day went on. Block issued a press release Tuesday morning announcing that it was launching its buy now, pay later (BNPL) service in the U.K. across all platforms within its Square seller ecosystem -- including online and in-store. Read More...

It was a volatile day for Block (NYSE: SQ) on Tuesday as the stock surged higher in the morning and then fell back down as the trading day went on. Block issued a press release Tuesday morning announcing that it was launching its buy now, pay later (BNPL) service in the U.K. across all platforms within its Square seller ecosystem — including online and in-store.

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