Carson Block, the founder of Muddy Waters Research, unveiled his short bet against SoFi last month, and has compared the ...
Thursday is turning out to be a bad day for Block (NYSE:SQ) stock. Shares of the digital payments specialist are down 14%, as of this writing, after a short seller launched an attack on the company.
Block was hit by a short-seller report from a prominent investment research outfit. Investors must consider every side of this story. While Block's stock is down, it's best to wait before either ...
Hindenburg recently released a short seller report which accuses Block of allegedly overlooking key items in its operations. Block has denied the claims and stated that out of its 51 million monthly ...
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 ...
Shares in Block Inc. fell more than 7% in after-hours trading today after the financial services company came up short of expectations on both earnings and revenue in its fiscal 2024 fourth quarter.