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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).
The Block Inc CDI (ASX: SQ2) share price has rocketed in morning trade after the business announced its FY21 results overnight.
The Zip Co Ltd (ASX: Z1P) share price is down 81% but investors should be cautious jumping in because of the dramatic share price decline.
The S&P/ASX 200 (INDEXASX:XJO) ran into a roadblock on Friday as Magellan (ASX:MFG) and Baby Bunting (ASX:BBN) shares were in the news.
The S&P/ASX 200 (ASX: XJO) recovered ground on Tuesday as Macquarie (ASX:MQG) and Suncorp (ASX:SUN) shares made headlines.
The S&P/ASX 200 (ASX: XJO) continued to underperform on Monday as Ansell (ASX:ANN) and Origin (ASX:ORG) shares made headlines.
Afterpay Ltd (ASX: APT) is just one step away from being acquired by the Block ecosystem after shareholders voted in favour of the takeover.
