Jack Dorsey’s Block surges 9% after earnings beat as Cash App profits jump 27%
Photo: Cryptopolitan
The shares of Block Inc. (NYSE: XYZ) surged more than 8.1% in after-market trading, with its Cash App registering 27% growth in gross profit and Square accelerating following a prolonged period of slower growth. The surge was triggered by the earnings report that came out on Tuesday. Block’s total gross profit rose 22% from a...
Source: Cryptopolitan
