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Breaking: Jack Dorsey’s Block Stock Rally 8% After Phenomenal Q3 Earnings Beat

By Kritika Mehta

Jack Dorsey’s Block Inc. (NYSE: XYZ) rose 8.1% in after-hours trading on Tuesday, November 3, as the payments company posted better-than-expected earnings for its third quarter and raised its annual financial outlook. The numbers were aided by higher profitability and more activity across Cash App and Square, as well…

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Quarterly results

A public company's report of its revenue, profit and outlook for a three-month period.

Results show how a business is really doing and often move its share price sharply.

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