SQ - What's Going On With Block Shares Friday? | Benzinga
Block, Inc. (NYSE:SQ) shares are gaining premarket on Friday.
Yesterday, after the closing bell, the company reported first-quarter financial results with quarterly sales of $5.957 billion, which beat the analyst consensus estimate of $5.821 billion.
Block sees second-quarter gross profit from $2.165 billion to $2.185 billion.
Check This Out: Block Stock Soars On Q1 Earnings, Strategic Bitcoin Investment: Details
Block said it invested $220 million into bitcoin, and that investment has grown by approximately 160% to ...