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 1:40pm: Adds Block response to short seller report. Block Inc. (NYSE:SQ), formerly known as Square, pared some if its earlier loss, now down 14%, after a new short report from Hindenburg ...
Block's (SQ) stock closed 15% lower on Thursday after short seller Hindenburg Research levied accusations of fraud against the digital payment company formerly known as Square. The report accused ...
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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