BUZZ-Block's ASX-listed shares plunge on quarterly profit miss

Reuters
24 Feb
BUZZ-Block's ASX-listed shares plunge on quarterly profit miss

** ASX-listed shares of Block XYZ.AX plunge as much as 13% to A$108, lowest since October 24, 2024

** Stock logs biggest intraday pct drop since March 24, 2023

** ASX stock among top losers on benchmark ASX 200 .AXJO

** Payments firm misses Q4 profit estimates as holiday season spending and gains from post-election surge in bitcoin lagged expectations

** About 716,985 shares traded vs the 30-day avg of 283,318

** YTD, XYZ down 23.3%

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.Kumar@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10