(Reuters) - Payments firm Block's shares tumbled 16% in morning trading on Friday as a slowdown in spending growth fueled investor concerns, shifting the spotlight to its bet on buy-now, pay-later ...
Block's Q4 results missed expectations, despite double-digit growth in Cash App and Square, especially in the Cash App segment. Block's robust earnings report highlights impressive gross profit growth ...
Block shares are trading lower Friday after the company reported worse-than-expected third quarter financial results.
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