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Block shares fell 8% in premarket trading

Tiger Newspress2022-02-02

Block shares fell 8% in premarket trading.Square parent $Block Inc. will let its merchant customers offer Afterpay installment options to customers in its first step toward integrating the newly-closed acquisition.

The company also announced late Monday that its deal for Australian BNPL operator Afterpay has officially closed. Block announced its $29 billion all-stock deal for Afterpayback in August.

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  • koolgal
    ·2022-02-03
    Block once known as Square has been trending downwards lately.  Hopefully the acquisition of AfterPay will accelerate its growth! Go Block! 🚀🚀🚀🌙🌙🌙
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  • seejay
    ·2022-02-02
    Steady now
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  • Simba2021
    ·2022-02-02
    What now😱
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  • Young Young
    ·2022-02-02
    Skeptical bout current valuation despite the steep discount 
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  • JaiVenky
    ·2022-02-02
    Great
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  • Eluvium
    ·2022-02-02
    Likes
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  • Myname
    ·2022-02-02
    Hmm
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  • Yanishere
    ·2022-02-02
    [Cool] 
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  • phagefish
    ·2022-02-02
    PayPal bad guidance pulled down Block. 
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  • Boink
    ·2022-02-02
    Long or short $SQ ?
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  • JPHC
    ·2022-02-02
    Why the dip then?
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  • Wnnn
    ·2022-02-02
    Why though
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  • Jacjacjacjac
    ·2022-02-02
    Like
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  • JLiP
    ·2022-02-02
    It's such a crowded market in this field 
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