Block shares fell 8% in premarket trading

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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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Comment（15）

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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1
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Young Young
·2022-02-02
Skeptical bout current valuation despite the steep discount
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3
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JaiVenky
·2022-02-02
Great
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1
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Eluvium
·2022-02-02
Likes
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5
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Myname
·2022-02-02
Hmm
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4
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Yanishere
·2022-02-02
[Cool]
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2
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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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7
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naixiew
·2022-02-02
Ok
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Wnnn
·2022-02-02
Why though
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6
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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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bad guidance pulled down Block.&nbsp;","listText":"PayPal bad guidance pulled down Block.&nbsp;","text":"PayPal bad guidance pulled down Block.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091133650","repostId":1111473451,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091139117,"gmtCreate":1643796371470,"gmtModify":1676533857436,"author":{"id":"3584620238111631","authorId":"3584620238111631","name":"Boink","avatar":"https://static.tigerbbs.com/c209643e8a7d239ba24db30470811841","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3584620238111631","idStr":"3584620238111631"},"htmlText":"Long or short $SQ ?","listText":"Long or short $SQ ?","text":"Long or short $SQ ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091139117","repostId":1111473451,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091194173,"gmtCreate":1643795421216,"gmtModify":1676533857364,"author":{"id":"3560153673056412","authorId":"3560153673056412","name":"JPHC","avatar":"https://static.tigerbbs.com/983066cca30c768ccae9fa351386fdfe","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"3560153673056412","idStr":"3560153673056412"},"htmlText":"Why the dip then?","listText":"Why the dip then?","text":"Why the dip 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