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Wedbush says it's 'not seeing anything illegal' with Block even as short-seller Hindenburg alleges the payment firm misled investors

Fri, 03/24/2023 - 08:43
Tech Insider
Hindenburg Research website displayed on a laptop screen.
Hindenburg Research website displayed on a laptop screen.

Jakub Porzycki/NurPhoto/Getty Images

Markets, MI Exclusive, hindenburg research, Short Sellers, short seller, Jack Dorsey, block

Block slides 20% after short-seller Hindenburg says 2-year investigation indicates the company has 'wildly overstated' genuine user counts

Thu, 03/23/2023 - 10:12
Tech Insider
Jack Dorsey speaking at a crypto-currency event
Block CEO Jack Dorsey.

MARCO BELLO/Getty Images

Markets, MI Exclusive, block inc, block, Square, CashApp, SQ stock price

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