Previous close | 56.20 |
Open | 61.15 |
Bid | 58.25 |
Ask | 62.90 |
Strike | 130.00 |
Expiry date | 2025-06-20 |
Day's range | 61.15 - 61.15 |
Contract range | N/A |
Volume | |
Open interest | 6 |
Shares of Block (SQ) are moving up Friday morning — gains eventually pulling back after the market open, but remaining in the green — after the fintech company posted its first-quarter earnings results, revealing a 22% gain in gross profit, compared to one year ago. The company announced that they plan on using 10% of those profits from bitcoin (BTC-USD) products, to buy more bitcoin as an investment. Morning Brief Anchor Brad Smith breaks down the latest development for Block as it leans heavier into investing in bitcoin For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
Square stock popped after Block reported Q1 earnings and revenue that topped estimates while EBITDA guidance came in above expectations.
Block, Inc. (NYSE:SQ) Q1 2024 Earnings Call Transcript May 2, 2024 Block, Inc. beats earnings expectations. Reported EPS is $0.85, expectations were $0.72. Block, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, ladies and gentlemen, and welcome […]