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Benzinga
Benzinga
Business
Adam Eckert

Block Stock Is Soaring Monday: What's Going On?

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Block Inc (NYSE:XYZ) shares are moving higher Monday after the company was selected to join the S&P 500.

What Happened: S&P Dow Jones Indices announced that Block will replace Hess Corp (NYSE:HES) in the S&P 500, effective prior to the market open on Wednesday.

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