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Block Inc. (XYZ) Shares Soar 20% Premarket on Aggressive Cost Cuts and Strong Guidance
Block shares jumped about 20% in premarket trading after the company announced a 40% workforce cut and issued strong guidance for 2026.
February 27, 2026
Block Reports $47M Impairment Loss on Bitcoin Investment For 2022
While Block managed to beat expectations in most categories in Q4, its Bitcoin operations continued their decline.
February 23, 2023
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