Advertisement
Singapore markets close in 4 hours 19 minutes
  • Straits Times Index

    3,286.62
    -1.13 (-0.03%)
     
  • Nikkei

    37,928.42
    +299.94 (+0.80%)
     
  • Hang Seng

    17,626.75
    +342.21 (+1.98%)
     
  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     
  • Bitcoin USD

    64,288.46
    -4.37 (-0.01%)
     
  • CMC Crypto 200

    1,387.75
    +5.18 (+0.37%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • Dow

    38,085.80
    -375.12 (-0.98%)
     
  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     
  • Gold

    2,348.90
    +6.40 (+0.27%)
     
  • Crude Oil

    83.85
    +0.28 (+0.34%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • FTSE Bursa Malaysia

    1,572.97
    +3.72 (+0.24%)
     
  • Jakarta Composite Index

    7,115.99
    -39.31 (-0.55%)
     
  • PSE Index

    6,568.45
    -6.43 (-0.10%)
     

Block Short-Seller Report: Buy the Dip?

Block Short-Seller Report: Buy the Dip?

The report, published by the investment firm Hindenburg Research, made a series of damning allegations about Block's peer-to-peer (P2P) payment app, Cash App, which is an integral part of the fintech's business. Could this represent a good opportunity to scoop up Block's shares on the dip? Hindenburg Research's report is long, detailed, and comprehensive.