|Bid||62.87 x N/A|
|Ask||63.75 x N/A|
|Day's range||62.80 - 64.18|
|52-week range||53.13 - 132.92|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||03 May 2023 - 08 May 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Yahoo Finance Live discusses Block's rise in shares and their response to short-seller Hindenburg Research's fraud claims.
Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss the rise in stock for Block.
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.