HomeBusinessFinance Sector Stock NewsBlock (SQ) Sees Lower Bitcoin Volume

Block (SQ) Sees Lower Bitcoin Volume

Paul Golding discusses Block’s (SQ) mixed earnings print driven by weakness in bitcoin volume. He has an outperform rating and $100 price target on the stock. He adds that the Street is looking for credit products from Block, which they are beginning to add to Cash App, but not fast enough to satisfy the market.

Morning Trade Live

08 Nov 2024

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