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?
Block (SQ 3.17%) responded to a short report by Hindenburg Research, calling it misleading. The company says it is confident that all its metrics are appropriately disclosed to investors, but can there be some improvements? Check out this short video to learn more, consider subscribing, and click the special offer link below.
*Stock prices used were the market prices of March 23, 2023. The video was published on March 23, 2023.
Jose Najarro has positions in Block. The Motley Fool has positions in and recommends Block. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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