One of investors' biggest fears is putting their hard-earned money into a corporation, only to discover that said company was, in fact, a giant scam. And if we are to believe a recent short-seller ...
Update 1:40pm: Adds Block response to short seller report. Block Inc. (NYSE:SQ), formerly known as Square, pared some if its earlier loss, now down 14%, after a new short report from Hindenburg ...
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.
“Block has wildly overstated its genuine user counts and has understated its customer acquisition costs,” says the report. A report following a two-year investigation from Hindenburg Research claims ...
Sort A Brick uses computer vision and AI to automatically assemble sets from used building blocks. Missing parts are added. The system can recognize more than 25,000 different building blocks in 4,000 ...
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 ...