Why Did Block Stock Plummet on Friday? Buy the Dip or Avoid?

Core Viewpoint - Block's stock experienced a significant decline of 17% following the release of its fourth-quarter earnings report, indicating a negative market reaction to the financial results [1]. Summary by Relevant Sections - Stock Performance - Block's stock was down 17% on the trading day of February 21, 2025, reflecting investor concerns regarding the company's financial performance [1]. - Earnings Report - The fourth-quarter earnings report for Block was a key factor contributing to the stock's crash, suggesting that the results did not meet market expectations [1].