Jack Dorsey's Block is joining the S&P 500, stock surges by 10%

Block is getting bumped up to the S&P 500, and investors are not wasting time reacting. On Friday, shares of the company jumped more than 10% after hours, according to S&P Global, which announced that Block will replace Hess in the index starting before the opening bell on July 23. The shake-up follows Chevron’s $54 […]

Source: cryptopolitan.com (Read Full Article)