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Block Inc. Shares Rise 6% After Hours on Raised Full-Year Profit Forecast

(5 hours ago) · 1 source · Summarized by CryptoBipto

Block Inc., the parent company of Cash App and Square, saw its shares rise approximately 6% in after-hours trading after the company raised its full-year profit forecast. The update came alongside the company's latest quarterly earnings report.

WHY IT MATTERS

Block Inc. is one of the largest publicly traded companies with ties to cryptocurrency.

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SOURCES

  • theblock.co

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