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A short-seller's report and the latest piece of bad news for the banking sector help sink the company's shares again.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Analysts and investors can't stop talking about SQ stock lately. following Hindenburg's latest hit piece on Block. Not everyone's convinced. The post 3 Investors Betting Big on Block (SQ) Stock appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100..

A short-seller put out a scathing research report against the financial technology giant.

Block (SQ) shares are under pressure after falling 15% on Thursday, as investors continue to digest Hindenburg's latest short-seller report that targeted the company. The report accused Block of misleading investors by overstating user numbers and says it's been ignoring fraudulent payments. While the report offers details of alleged wrongdoings by Block, some Wall Street analysts are not buying into it. "There were a lot of undertones in that Hindenburg report which I didn't like, and I thought were inappropriate as well," Dan Dolev, Mizuho Senior Financial Technology Analyst, told Yahoo Finance. Dolev points out that there are likely similar things going on in payments apps Zelle and Venmo (PYPL). "To a certain extent, these things happen everywhere." The stats that Hindenburg used to back up its accusations actually show the company has a "good hit rate" Dolev says. "I don't think this is actually a valid argument. ...The numbers speak for themselves." You can watch Yahoo Finance's Brad Smith and Jared Blikre's entire interview with Dolev here. Key Video Moments 00:00:01: Hindenburg 'singled out' the Cash app 00:00:33: 'Inappropriate' findings in the report 00:00:52: Block's 'hit rate' around fraudulent activity 00:01:25: Block's gross profit

Hindenburg Research issued a short report that sent shares of Block Inc (NYSE: SQ) down on Thursday. Analysts are sharing their ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Near Intelligence (NIR) stock is a hot topic among traders on Friday as the company's shares just started trading today! The post NIR Stock: 10 Things to Know as Near Intelligence Starts Trading appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

Upgrades Argus Research upgraded the previous rating for Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) from Hold to Buy. For the ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Charles Schwab (SCHW) stock is getting a boost on Friday after company CEO Walt Bettinger reassured investors about its financial position. The post SCHW Stock: CEO Says Charles Schwab Can Survive Bank Run appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Block (SQ) stock is a hot topic among traders on Friday with a downgrade after the company was targeted in a Hindenburg short report. The post SQ Stock Receives Downgrade Following Hindenburg Short Report appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

A whale with a lot of money to spend has taken a noticeably bullish stance on Block. Looking at options history for Block (NYSE:SQ) we ...

A wake-up call for management.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips FiscalNote (NOTE) stock is on the move Friday after OpenAI picked it as a "trusted partner" to provide information to ChatGPT. The post NOTE Stock Alert: OpenAI Selects FiscalNote as ‘Trusted Partner’ in ChatGPT Plug-in Launch appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Block, Inc. (“Block” or the “Company”) (NYSE: SQ) investors concerning the Company’s possible violations of the federal securities laws.

Square stock bulls focus on its Cash App and Afterpay synergies but bears worry over Bitcoin and a possible recession.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Wood is betting regulators will find the Hindenburg Research report charges baseless. Its previous target had his fortune cut in half. The post Cathie Wood Just Bought More Block (SQ) Stock appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

A short-seller's report on Block caused its stock price to drop roughly 15% on Thursday. Is there some truth in the message that investors can learn from?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips SQ stock is falling 3% in early trading after plunging 14.8% yesterday. Block issued a five statement denying the accusations against it. The post SQ Stock Alert: Block Responds to Hindenburg in 5 Sentences appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

Yahoo Finance Live’s Brad Smith discusses the decline in stock for Block.

The Schall Law Firm Announces it is Investigating Claims Against Block, Inc. and Encourages Investors with Losses to Contact the Firm

Cathie Wood, ARK Invest unloaded $26 million in Tesla stock Thursday to buy the dip on Coinbase as shares tumbled following a SEC warning.

TD Securities cut the price target for Lululemon Athletica Inc. (NASDAQ: LULU) from $488 to $470. TD Securities analyst John Kernan ...

U.S.-listed shares of European banks such as Deutsche Bank, UBS and Credit Suisse were under pressure, while

Renewed concerns about the banking system appear to weigh on stocks, as the major index futures point to a sharply lower opening on ...

Wall Street is not so sure about a new short call on Block.

U.S. stock futures traded lower this morning. Here are some big stocks recording losses in today’s pre-market trading ...

The S&P 500 settled higher on Thursday as U.S. Treasury Secretary Janet Yellen said that regulators are prepared to take additional ...

Investors will be hoping for a calmer end to the week after sessions dominated by heightened volatility amid Fed uncertainty and bank angst.

Cathie Wood's family of funds wasted no time pouncing on weakness in shares of Block after a short-seller report.

Block Inc (NYSE: SQ) CEO Jack Dorsey’s wealth eroded by $526 million on Thursday after short-seller Hindenburg Research published ...

Major coins were seen in the green on Thursday evening as the global cryptocurrency market cap rose 3.2% to $1.2 trillion at the time of ...

Cathie Wood-led ARK Investment Management defied a short-selling report by Hindenburg Research on Jack Dorsey's payment firm Block Inc ...

Major Wall Street indices closed in the green on Thursday as investors began weighing in on a potential pause in interest rate hikes by ...

Australia-listed shares of Block Inc, led by Twitter co-founder Jack Dorsey, plunged as much as 20% on Friday after Hindenburg Research alleged the payments firm overstated its user numbers and understated its customer acquisition costs. Block said the report was "factually inaccurate and misleading" and that it was exploring legal action against the short-seller. Shares of the San Francisco-headquartered company, which has a secondary listing in Australia, led losses in the country's benchmark ASX 200 Index.

Law Offices of Howard G. Smith announces an investigation on behalf of Block, Inc. (“Block” or the “Company”) (NYSE: SQ) investors concerning the Company’s possible violations of federal securities laws.

The Law Offices of Frank R. Cruz announces an investigation of Block, Inc. (“Block” or the “Company”) (NYSE: SQ) on behalf of investors concerning the Company’s possible violations of federal securities laws.

Shares in Block—formerly known as Square—fell after Hindenburg Research released the results of what it called a two-year investigation.

The fintech sector was not the place to be on Thursday.

Cathie Wood‘s popular ARK Innovation ETF (ARKK) is off to a hot start in 2023, with a 21% gain year-to-date. However, based on recent events concerning some of its top holdings, ARKK could be under some pressure in the near term and cool down after this scintillating start. While ARKK itself finished only 1.5% lower today, two of its top holdings, Block (SQ) and Coinbase Global (COIN), were under considerable pressure based on negative news that came out about them. See below for an overview of

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Regional banks, Block and Ethereum are the hot stocks for tomorrow. Let's see how we round out the week with these names. The post Friday Predictions: 3 Hot Stocks for Tomorrow appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

Block, formerly known as Square, was down nearly 20% today. Is the stock a buy now?

Block stock fell 15% after short seller Hindenburg Research said the digital payment company formally known as Square has "systematically taken advantage of the demographics it claims to be helping."

Square plunged after Hindenburg Research disclosed a short position in SQ stock while claiming Cash App consumer services facilitate fraud.

Stocks closed higher Thursday afternoon as a post-Fed rally was bolstered by hopes from investors interest rate hikes will end sooner than expected as banking pressures end the central bank's aggressive fight against inflation.

The Schall Law Firm Announces it is Investigating Claims Against Block, Inc. and Encourages Investors with Losses to Contact the Firm

Yahoo Finance’s Ines Ferre discusses a drop in shares of Block after a report from Hindenburg Research made serious allegations against the payment company.

Jack Dorsey’s fintech companyBlock Inc(NYSE: SQ) is responding to aThursday short report issued by Hindenburg ...

The latest Distributed Ledger column from MarketWatch: a weekly look at the most important moves and news in crypto.

Dow Jones rises after initial claims fell. Tech stocks rally. Apple plans a $1 billion spend on movies per year to boost Apple TV+.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Cathie Wood is once again betting big on SQ stock, just after Hidenburg research published a short report on Block. The post Cathie Wood Just Doubled Down on Block (SQ) Stock appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

We intend to work with the SEC and explore legal action against Hindenburg Research for the factually inaccurate and misleading report they shared about our Cash App business today.

The S&P 500 Index and Nasdaq Composite Index are also confidently higher, as investors weigh the latest jobless claims with an improving bank sector backdrop. 

Gainers DiamondHead Holdings Corp. (NASDAQ: DHHC) shares jumped 104.2% to $21.15. DiamondHead entered into convertible note ...

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. Specifically, following a two-year investigation, Hindenburg Research alleged Block was facilitating fraudsters. The short seller also announced it had opened a short position on the shares. Hindenburg claimed that after looking into the matter, it discovered that Block’s enormously successful Cash A

Block shares have plunged after a short-seller accused the company of facilitating criminal activity and inflating its figures.

Yahoo Finance Live’s Jared Blikre breaks down the decline in stock for Block.

In trading on Thursday, the Invesco China Technology ETF is outperforming other ETFs, up about 6.2% on the day. Components of that ETF showing particular strength include shares of Kingsoft Cloud Holdings, up about 17.4% and shares of Dada Nexus, up about 14.8% on the day.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Hindenburg Research has released a scathing short report on Block. Here's what investors need to know and what it means for SQ stock. The post SQ Stock Alert: Hindenburg Slams Block in New Short Report appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It

Block, Inc. (NYSE: SQ) shares are trading lower after Hindenburg Research issued a short report on the stock. What To Know: On ...

Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, continues its investigation whether certain directors and officers of Block, Inc. (f/k/a Square, Inc.) (“Block”) (NYSE: SQ) for breaching their fiduciary duties to Block and its shareholders. If you are a Block shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982, or [email protected]

The fintech innovator is the latest target of a major short-seller.

WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Block, Inc. f/k/a Square, Inc. (NYSE: SQ) resulting from allegations that Block, Inc. may have issued materially misleading business information to the investing public.

Square plunged after Hindenburg Research disclosed a short position in SQ stock while claiming Cash App consumer services facilitate fraud.

Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss the decline in stock for Block.

Hindenburg Research on Thursday disclosed short positions in Block Inc and alleged that the payments firm led by Twitter co-founder Jack Dorsey overstated its user numbers and understated its customer acquisition costs. Block vowed to fight back, saying it would explore legal action against the short seller for its "factually inaccurate and misleading report" that was "designed to deceive and confuse investors". "Hindenburg is known for these types of attacks, which are designed solely to allow short sellers to profit from a declined stock price," the payments firm said, adding that it would work with the U.S. Securities and Exchange Commission.

With two burgeoning segments under its umbrella, Square for merchants and Cash App for individuals, Block (NYSE: SQ) has benefited from network effects. Cash App becomes more valuable to its users the larger it gets, thanks to its peer-to-peer nature. Let's find out if this under-the-radar characteristic is enough to make Block stock a buy right now.

When we invest, we're generally looking for stocks that outperform the market average. And while active stock picking...

Let's look at one specifically: Fintech specialist Block (NYSE: SQ), and examine three reasons to consider adding shares of this tech giant before the next bull market. Block was no different. The company's forward price-to-earnings (P/E) ratio came close to or even exceeded 150 in early 2021.