Block, Inc. SQ shares are trading higher on Wednesday. The stock has gained steadily over the past month, marked by such highlights as strong Black Friday and Cyber Monday numbers from Square and Afterpay.
What To Know: Block stock has risen more than 35% over the past month. Better-than-expected third-quarter financial results and fourth-quarter outlook, released at the beginning of November, set the stock off in the right direction.
Later in the month, a partnership with Rokt was announced which would allow Afterpay to bring highly relevant offers to the company's ecommerce customers at checkout.
The company also got a boost at the end of the month when it announced that Square and Afterpay sellers reached 70 million transactions over Black Friday and Cyber Monday, a year-over-year increase of 14%.
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SQ Price Action: Shares of SQ were up 5.13% at $68.22 at the time of publication, according to Benzinga Pro.
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