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Block drops 20%+ after Hindenburg Research discloses a short position and alleges the company overstated user counts and understated customer acquisition costs (Reuters) 23-03-2023

Reuters:
Block drops 20%+ after Hindenburg Research discloses a short position and alleges the company overstated user counts and understated customer acquisition costs  —  Hindenburg Research said on Thursday it held short positions in Block Inc (SQ.N), alleging that the Jack Dorsey-led payments firm overstated …


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