*BLOCK STOCK THROTTLED AFTER SHORT REPORT: 5 BIG ANALYST CALLS | PRO RECAP
Truist offers a three point thesis for the flour and water manipulator:
2)"...with approximately 30% of sales coming from international markets, primarily in the EU, we expect the stock to be viewed as a prime FX beneficiary in 2H."
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Hindenburg Drops Astonishing Details on Jack Dorsey's Block, Payment Firm Fires BackJack Dorsey's payments firm Block Inc has become the latest target of Hindenburg Research.
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Wedbush says not seeing anything illegal with Block amid Hindenburg reportWedbush says it's 'not seeing anything illegal' with Block even as short-seller Hindenburg alleges the payment firm misled investors
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Jack Dorsey's Block Suffers Plummeting Share Price Amid Claims It Enabled Fraud, Inflated User StatsFormer Twitter CEO Jack Dorsey's payment processing firm Block suffered a stock price drop of 15 percent this week after claims by Hindenburg Research that the company has facilitated fraud and inflated its user numbers. Researchers were reportedly able to set up a Cash App account in the name of former President Donald Trump, and even secure a Cash App card with his name on it.
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Jack Dorsey's Block reels from fraud allegationsBlock, the company formerly known as Square, creator of Cash App, and founded by Jack Dorsey, is having a really bad week. And it’s all because of Hindenburg.
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Fed fueled the banking turmoil and should've known better: Carson BlockThe Fed fueled the banking turmoil and should've seen it coming, says famed short-seller Carson Block
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Rockland County store uses Legos as a building block to help adults with developmental challengesAround the world, Legos are a favorite toy with a fanatical following. In Rockland County, they're also a building block for adults with autism and other developmental challenges. AielloTV went to a new Lego resale store that's making a difference.
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