Block Speaks Out Again After Short-Seller’s Claims. The Stock Is Rising.

Block Speaks Out Again After Short-Seller’s Claims. The Stock Is Rising.

Business
March 30, 2023 by secret
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[ad_1] Text size Block is run by former Twitter CEO Jack Dorsey. Drew Angerer/Getty Images Block stock rose Thursday after the payments group responded to some of a short seller’s allegations. Last week, Hindenburg Research disclosed a short position in the company, alleging that Block (ticker: SQ) had inflated user metrics and didn’t rein in