Why Block Stock Got Rocked Again on Friday

09:29pm, Friday, 24'th Mar 2023
The fintech was still suffering the effects of a blistering short-seller's report. In the report, Block was all but accused of fraud.
While many tech stocks have continued to rise this year, Block (SQ) stock had its worst week in over three years after short-seller Hindenburg Research questioned its business operations.
Mad Money host Jim Cramer weighs in on short seller Hindenburg Research's recommendation that investors sell Block shares.
Yesterday, Hindenburg issued a long short report on Block and the stock dropped 15%. I have read the full report and categorize the accusations in two categories: nothingburgers and more substantial c

3 Investors Betting Big on Block (SQ) Stock

03:02pm, Friday, 24'th Mar 2023
With the scathing Hindenburg Research report making its rounds on Wall Street, there may not be a better time to see which investors have long-term faith in Block (NASDAQ: SQ ) stock. Indeed, the not

Why Block Shares Sank 20% This Week

01:59pm, Friday, 24'th Mar 2023
Hindenburg Research put out a short report on Block. It alleges that transactions based on fraud and criminal activity are common on the Cash App, and that the company is doing too little to address t
Mizuho Senior Financial Technology Analyst Dan Dolev joins Yahoo Finance Live anchor Jared Blikre to discuss Hindenburg Research's claims against Block, the decline in stock for the mobile payment com
Block Inc (NYSE: SQ) remains in focus this morning after Hindenburg Research grilled the financial technology company in its latest short sell report. Hindenburg's take on Block shares Hindenburg accu
Block (SQ) lost about 15% on Mar 23 as renowned short seller Hindenburg alleged the company for permitting criminal activity with less strict controls and inflating its transacting user base.
Analysts at Wedbush Securities have reiterated their ‘Neutral' rating and $70 price target for Block after the payments app's stock came under pressure on Thursday amid fraud allegations by short-se
Hindenburg Research accused Dorsey's payments company Block of skirting banking laws and helping clients take advantage of COVID stimulus payments.

Cathie Wood Just Bought More Block (SQ) Stock

09:47am, Friday, 24'th Mar 2023
Cathie Wood's ARKK funds were big buyers of Block (NASDAQ: SQ ) stock on March 23, supporting CEO Jack Dorsey against a short report from Hindenburg Research. Wood's funds bought 300,000 Block shares
A short-seller's report on Block caused its stock price to drop roughly 15% on Thursday. Is there some truth in the message that investors can learn from?
Block (NYSE: SQ ) stock is falling 3% in early trading after plunging 14.8% yesterday, and the name is trending on Yahoo Finance. Today Block issued a five-sentence statement responding to accusations
Block co-founder Jack Dorsey's net worth has tumbled by more than half a billion dollars after short-seller Hindenburg Research accused the payments app of misleading investors with “inflated metric
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