Block Jumps, Domino's Pizza Earnings, Invesco Upgrade
On this edition of Stock Movers: - Block (XYZ) shares surged on the new it will join the S&P 500. Jack Dorsey's fintech firm will replace Hess in the benchmark. The changes will go into effect prior to the start of trading on July 23, according to a press release from S&P Dow Jones Indices Friday. Block, formerly known as Square, has evolved from a payments processor into a broader fintech player, offering peer-to-peer transfers, merchant services, and increasingly, consumer lending. Earlier this year, Block’s industrial bank subsidiary Square Financial Services Inc. received approval…
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