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(Reuters) -Block's shares fell 22% on Friday and were on track for the biggest intraday decline in five years after a 2025 profit forecast cut raised concerns about the payment firm's key businesses.
Over the past eighteen months, shares in Cash App and Square parent Block (NYSE:SQ) have fallen in price by around 75%. With this, many investors may believe that the worst is already priced-in ...
Shares in Block Inc. plunged over 18% in after-hours trading today after the financial services company missed on earnings, lowered guidance and warned of macroeconomic headwinds in its fiscal ...
Cathie Wood snapped up more shares of Block Inc. and Coinbase Global Inc. as turmoil engulfed both companies Thursday. The daily trading report from Wood’s firm ARK Investment Management showed ...
(Reuters) -Block's shares fell 22% on Friday and were on track for the biggest intraday decline in five years after a 2025 profit forecast cut raised concerns about the payment firm's key businesses.