Tag: KeyBanc
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The Pullback in Block is Greatly Overdone
Block (SQ) is starting to show big signs of life again. Just days ago, the SQ stock took a $10 header on a Hindenburg short report allegation that Square has “systematically taken advantage of the demographics it claims to be helping.” As noted by Yahoo Finance; The short seller accuses Block of a “willingness to…
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The Pullback in PayPal May be Overdone
Keep an eye on the PayPal pullback. After racing from a low of $87 in early 2020 to a high of $309.48, the stock fell to a recent low of $204.58. All thanks to its consumer spending concerns, and poor 2022 guidance. For example, the company said fiscal 2022 revenue would increase about 18%, which…