Block Inc's Bitcoin revenue stagnated in the third quarter, revenue fell short of expectations and stock price fell 12%"

Crypto 7x24

2024-11-08 10:18:31

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Online reported that BlockInc(SQ) shares plunged in early trading after hours because its third-quarter bitcoin revenue was flat compared with the same period last year and total revenue fell short of Wall Street expectations. According to Google Finance, Block's share price fell 12.3% to a low of $66 10 minutes after the close of trading on November 7. At the close of the day, the stock fell 3.05% to $75.27.

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