Block faces November 3 earnings report after falling approximately 11% from 52-week high
XYZ Block Inc
$77.24 +2.67%
View chart & analysis → - 1Block's current share price of $77.24 is down approximately 11% from its 52-week high of $86.92.
- 2CFO and COO Amrita Ahuja stated that merchant bank customers generate 10 times more gross profit than P2P users.
- 3Block has changed the Cash App Borrow loan period from 4 weeks to 6 weeks.
So what's the key point?
Block's stock price has fallen about 11 percent from its recent high. News shared that banking customers generate more revenue.
Source TIKR · View original ↗
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