Block Stock Sinks on Lackluster Growth. Is It Time to Buy on the Dip?

Shares of Block (NYSE: XYZ) were tumbling after the fintech company reported weaker-than-expected Q4 results that missed analyst expectations. The big drop now leaves the company down more than 20% on the year, as of this writing.Here's a closer look at Block's results to help determine if this is a good buying opportunity.Block operates two main businesses: Square and Cash App. The former, which was the company's original business, was developed as a way for merchants to accept card payments from their smartphones or tablets. The business has evolved, and now Square offers an entire software and hardware ecosystem to help retailers manage their businesses.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool