Fintech payments company Block (SQ) is down 17% after being the subject of the latest attack from notable short-seller Hindenburg Research. "Our two-year investigation has concluded that Block has ...
Hindenburg's latest big short follows the high-profile wagers against Indian conglomerate Adani and Jack Dorsey's digital payments firm Block it made earlier this year. Here are some of the short ...
The ethnic violence in Manipur has widened the divide between the Meitei and the Kuki communities. But one question haunts everyone: where was the government? Hindenburg Research now has a new target.
May 3 (Reuters) - Jack Dorsey-led Block Inc's (SQ.N) first-quarter results will likely see investors zoom in on the payments firm's Cash App business following U.S. short-seller Hindenburg ...
Billionaire corporate raider Carl Icahn’s hedge fund ... the allegations. Hindenburg has also accused Block, the financial tech firm run by Twitter founder Jack Dorsey, of “facilitating ...
3. What’s an example of short selling? On March 23, Hindenburg Research took aim at Block Inc., the digital payments company co-founded by Dorsey that used to be called Square Inc. The activist ...
An Australian hedge fund manager says there are signs all is not well at Jack Dorsey’s Block as it faces an attack from short-seller Hindenburg. A week before the Hindenburg report rattled Block ...
But Hindenburg has taken on several high-profile targets in recent months, including India’s Adani Group and Jack Dorsey-led Block Inc. Since its release on Tuesday, the report has wiped $7.5bn ...
(Bloomberg) -- Icahn Enterprises LP’s steepest one-day plunge ... and well-known leaders in Icahn and Jack Dorsey’s Block. Almost all of Hindenburg’s recent targets have closed lower the ...
If you buy low then sell high, chances are you’ll be richer and everybody will be happy. But reverse the trades with borrowed stock — what’s known as short selling — and you may be rich, but odds are ...
Hindenburg's latest big short follows the high-profile wagers against Indian conglomerate Adani and Jack Dorsey's digital payments firm Block it made earlier this year. Here are some of the short ...
In March, Hindenburg released a report on Twitter founder Jack Dorsey's payments platform Block, which it said had overstated its user numbers and helped to facilitate fraud. Block shares plunged ...
