Block experiences solid business growth, but margins are compressing. There is massive dilution. SQ stock's valuation remains lofty. Overall, Block does not look too attractive. Looking for a helping ...
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.
Hindenburg's estimate of downside risk is based on poor logic. The report focuses on only 1 of Block's 3 major reportable segments. Hindenburg fails to mention the most noteworthy risk: stock-based ...