100% Upside rally loading provided..., page-111

After hours and pre market are not good indicators due to reduced volume and usually fade in the next regular session unless volume is significant.

it was down 10 percent in regular session in anticipation of bad results and when it did not fall immediately there would have been short covering

It was on a PE of 269 prior to results and even more now

Results were less than impressive


Block Inc reported quarterly adjusted earnings of 18 cents per share for the quarter ended in March. The mean expectation of thirty seven analysts for the quarter was for earnings of 21 cents per share.

* Revenue fell 21.7% to $3.96 billion from a year ago; analysts expected $4.16 billion.

* Block Inc's reported EPS for the quarter was a loss of 38 cents.

* The mean earnings estimate of analysts had fallen by about 37.8% in the last three months.

* In the last 30 days twelve analysts negatively revised earnings estimates

* Block Inc shares had fallen by 21.2% this quarter and lost 33.9% so far this year.

* The company reported a quarterly loss of $204.2 million.