If You'd Invested $1,000 in Block (XYZ) 5 Years Ago, Here's How Much You'd Have Today

In its relatively brief life as a publicly traded company, Block (NYSE: XYZ) has gone through several transformations. It's been a near pure-play transaction processor, then a burgeoning financial services company, then a major institutional investor in cryptocurrency.Through these changes, the once-impressive growth rates of its core businesses cooled off in the early part of this decade. Since then, the stock has been something of a laggard. A $1,000 outlay on Block half a decade ago would have withered to $524 as I write this, which, as far as financial sector stocks go, is underwhelming. Every one of the so-called "big four" U.S. banks has done far better, as has the benchmark S&P 500 index. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool