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11 months ago

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Block beats earnings expectations, shakes off short seller report

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Block beats earnings expectations, shakes off short seller report

Block Inc posted a rise in first-quarter revenue on Thursday as its popular payments platform Cash App continued to drive growth, a metric investors will watch closely following U.S. short-seller Hindenburg Research's disclosure in March of short positions in the firm.

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Block beats earnings expectations, shakes off short seller report

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Block beats earnings expectations, shakes off short seller report

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