Block experiences solid business growth, but margins are compressing. There is massive dilution. SQ stock's valuation remains lofty. Overall, Block does not look too attractive. Looking for a helping ...
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.
Update: Adds company response to short report. Block (NYSE:SQ) sank 22% to an over four-month low on Thursday after a short seller report from Hindenburg Research claimed the payments firm overstated ...
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