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Barchart
Barchart
Pathikrit Bose

Is Block Stock a Buy, Sell, or Hold Ahead of Ticker Change to XYZ?

Block Square Afterpay Bitcoin

Fintech company Block (SQ) will trade under a new ticker on the New York Stock Exchange starting Jan. 21: XYZ. The company, led by Twitter co-founder Jack Dorsey, has had a history of rebranding itself. In December 2021, the company rebranded and changed its name from Square to Block. 

However, a mere change in the company’s ticker may not be as much of a material event for investors pondering whether to invest in the stock or not. For that, a closer look at the company’s financials and strategic moves is warranted.

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