Block (NYSE: XYZ) has surged by over 7% this morning after the S&P Dow Jones Indices announced that this company is joining the S&P 500 Index effective Wednesday. This has pushed the stock above its 200-day moving average for the first time since spring and has option desks buzzing that it could break above $80.
Block (XYZ) Stock Pops On S&P 500 Debut. Is There Still Time to Buy?
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