block stock update: Payments fintech Block climbs nearly 20% after strong earnings forecast
The stock was trading at $81.39, adding more than $8 billion to the companys market value. Block has been looking to lower costs and drive "profitable growth" in the business by trimming headcount and reducing its real estate footprint. The company said on Thursday it plans to cut 112 jobs in March.
Jack Dorsey Led Block Wall Street Block Stock Update Block Q1 Earnings Block Shares Block Share Price
Source: indiatimes.com