BLOCK PARTY: Shares in the Afterpay-Square merger co. jump 32% on earnings beat
Shares in Block, the ASX-listed company formed out the A$39 million merger of Afterpay with Jack Dorsey’s payments platform Square, surged up to 40% in Friday trade after the US parent company released a Q4 trading update that beat expectations. Block (ASX:SQ2) shares hit $165 during Friday trade, having closed at $116.05 on Thursday. The… Read more »