sasha85ru Introduction Block (NYSE:SQ) — the parent company of Square, Cash App, and Afterpay — is down 11% YTD and 75%+ from its all-time highs of nearly $300. Data by YCharts Just by looking at Block's price chart, one might think that Block is facing an existential crisis with the stock possibly heading lower and lower over time. Despite the constant negativity on the stock, I argue that now is one of, if not, the best time to buy Block stock. The company is much larger and more profitable than ever befo ...

BOSTON, June 26, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Comtech Telecommunications Corp. (Nasdaq: CMTL) for potential securities law violations. Investors who have lost money in their Comtech Telecommunications investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/cmtl. What is this all about? On June 10, 2024, Comtech Telecommunications announced a further delay to issuing its financial results, ...

Washington, D.C., June 26, 2024 (GLOBE NEWSWIRE) -- Late yesterday, the U.S. Court of Appeals for the Fifth Circuit affirmed a permanent injunction in States of Texas, Mississippi, Louisiana v. Yellen, shutting down the American Rescue Plan Act’s (ARPA) Tax Cut Ban condition that required the States to surrender their ability to decrease state taxes on their citizens in exchange for receiving federal rescue funds. NCLA filed amicus curiae briefs supporting the injunction, identifying the Tax Cut Ban as an a ...

BOSTON, June 26, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Owens & Minor Inc. (NYSE: OMI) for potential securities law violations. Investors who have lost money in their Owens & Minor Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/omi. What is this all about? Owens & Minor, Inc. (OMI)'s Executive Vice President and Chief Financial Officer was abruptly asked to resign at the request of the ...

Block (SQ) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this mobile payments services provider have returned -5.1% over the past month versus the Zacks S&P 500 composite's +2.7% change. The Zacks Technology Services industry, to which Block belongs, has gained 2.1% over this period. Now the key question is: Where could the stock be headed in the near ...

Environmental permits granted at Citarum Block, where natural gas reserves could potentially exceed a billion barrels of oil equivalent JAKARTA, INDONESIA AND DANVILLE, CA, June 24, 2024 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE:INDO) ("IEC"), an oil and gas exploration and production company based in Indonesia, today provided an operational update and announced that new 3D seismic exploratory operations at its 63,000 acre Kruh Block have commenced. Importantly, IEC anticipates that the results ...

CALGARY, AB, June 24, 2024 /PRNewswire/ - Petro-Victory Energy Corp. ("Petro-Victory" or the "Company") (TSXV: VRY) is pleased to announce that it has entered into a definitive option agreement and assignment of interest with Azevedo Travassos Petroleo S/A ("ATP") Andorinha field (CNW Group/Petro-Victory Energy Corp.)Andorinha field (CNW Group/Petro-Victory Energy Corp.) Azevedo & Travassos Petroleo S/A (ATP) is a Brazilian company engaged in the exploration and production of crude oil and natural gas. ATP ...

peshkov Block Stock Plunged Into A Bear Market Block, Inc. (NYSE:SQ) investors aren't new to intense market volatility. As a reminder, SQ is still down almost 80% from its 2021 highs. Therefore, I'm not surprised by the bear market decline since SQ topped in March 2024, declining nearly 30% since then. SQ has also underperformed since my previous article in April. I reiterated my bullish SQ rating and expected buying momentum to remain robust. While I recognized Block's more intense competitive challenges, ...

Block (SQ) ended the recent trading session at $62.74, demonstrating a +1.36% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.25% loss on the day. Elsewhere, the Dow gained 0.77%, while the tech-heavy Nasdaq lost 0.79%. Coming into today, shares of the mobile payments services provider had lost 8.08% in the past month. In that same time, the Business Services sector lost 0.21%, while the S&P 500 gained 3.59%. The investment community will be closely monitoring the performa ...

Block (SQ) is leaving no stone unturned to strengthen its “Buy Now, Pay Later” (BNPL) platform, Afterpay, on the back of strategic partnerships. This is evident from the recent collaboration of Afterpay with several brands including Curology, Helzberg Diamonds, Journeys, Rawlings Sporting Goods, and Zenni Optical. This partnership is focused at boosting the shopping experience for the U.S. customers. U.S. shoppers can pay in instalments when they shop for the aforementioned brands, thereby making shopping m ...