Short Seller Hindenburg Research Targets Billionaire Jack Dorsey's Payments Group, Block – What's Going On?
Shares of Twitter founder Jack Dorsey’s fintech firm Block fell 15% on Thursday after the company was targeted by professional short sellers. The fall in Block’s share price came as short-selling firm Hindenburg Research...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The fall in Block’s share price came as short-selling firm Hindenburg Research announced that they had taken a short position in Block, Inc., a company led by the well-known Bitcoin (BTC) proponent Jack Dorsey.
Formerly known as Square, Block operates the popular Cash App mobile payment app in the US and the UK. ...
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