🟢 Block is trading 4.3% up today as technology and growth stocks rally

Block is trading 4.3% up at $86.64 as technology and growth stocks rally.

• The Nasdaq Composite is up 1.23%, while the S&P 500 is up 0.55%.
• Bitcoin is higher by 2.30% since the August 26 close, while Ethereum is up 1.84%; Solana and XRP are considerably stronger.
• Recent analyst target increases and BlackRock’s reported stake purchase provide supportive sentiment, but no new August 27 company-specific announcement was found.