Fool.com contributor and finance professor Parkev Tatevosian evaluates Block's (SQ +7.30%) prospects in the event of a recession.
*Stock prices used were the afternoon prices of May 27, 2023. The video was published on May 29, 2023.
Will Block Stock Be Devastated During a Recession?
By Parkev Tatevosian, CFA – May 31, 2023 at 6:45AM
NYSE: XYZ
Block
Market Cap
$38B
Today's Change
(7.30%) $4.21
Current Price
$61.85
Price as of November 19, 2025 at 3:58 PM ET
The risks of a recession are rising in the U.S. as a result of aggressive interest rate increases by the Federal Reserve.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.