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Block Inc CDI (ASX: SQ2), formerly Square, is a US payments business best known in Australia for its futuristic payment terminals, which flow through to point-of-sale software and complementary e-commerce solutions.
The company listed on the ASX in January 2022 via Chess Depository Interests (CDIs) after completing the acquisition of market darling Afterpay (ASX: APT).
John Addis is the founder of Intelligent Investor and author of How Not to Lose $1 Million: Win at investing by losing less. He joins Owen Rask on this Rask podcast.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.071% to 7,173.30.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.74% to 7,087.30.
All Ordinaries (INDEXASX: XAO) and S&P/ASX 200 (INDEXASX: XJO) both gaining 1.1% with the energy sector the only detractor.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +1.14% to 6978.20.
The Block Inc (ASX:SQ2) share price has jumped 23%. The market loved its 2023 third-quarter announcement and profit upgrade.
The Block Inc (ASX:SQ2) share price is down over 10% after the ASX payments share gave its June quarter update.
The Block Inc (ASX:SQ2) share price and Zip Co Ltd (ASX:ZIP) share price are both down on news of buy now, pay later credit regulation.
The Block Inc (ASX: SQ2) share price is down around 15% after being on the receiving end of a short seller attack.