Yesterday, Hindenburg issued a long short report on Block and the stock dropped 15%. I have read the full report and categorize the accusations in two categories: nothingburgers and more substantial ...
One of investors' biggest fears is putting their hard-earned money into a corporation, only to discover that said company was, in fact, a giant scam. And if we are to believe a recent short-seller ...
“Block has wildly overstated its genuine user counts and has understated its customer acquisition costs,” says the report. A report following a two-year investigation from Hindenburg Research claims ...