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Benzinga
Benzinga
Business
Melanie Schaffer

Did You Miss The Move In Block — Formerly Square — Stock? How To Trade The Gap Up

Block

Block, Inc (NYSE:SQ) gapped up 20% higher on Friday and ran an additional 5% intraday after reporting better-than-expected financial results for the fourth quarter.

The financial services and mobile payments company reported earnings per share of 27 cents, which beat the estimate of 22 cents, and revenue of $4.08 billion compared to the consensus estimate of $685.45.

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