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 ...
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 ...
Hindenburg's estimate of downside risk is based on poor logic. The report focuses on only 1 of Block's 3 major reportable segments. Hindenburg fails to mention the most noteworthy risk: stock-based ...
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 ...
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 ...
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