Tag: KeyBanc

  • The Pullback in Block is Greatly Overdone

    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…

  • The Pullback in PayPal May be Overdone

    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…