SQ2 0.91% $97.30 block inc.

Ann: Quarterly Report for quarterly period ended June 30, 2022, page-394

  1. 866 Posts.
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    Globally, fintech sectors all saw their market caps fall shortly after Block finalised the deal with Afterpay. Do you think that Block purchasing Afterpay also made the Zip, Sezzle, SplitIt, OpenPay, LayBuy, Affirm, Klarna share prices go down too?

    Attributing the Block price decrease with the Afterpay acquisition is what is known as the false cause fallacy.

    You're like the rooster who thinks his crowing is what makes the sun come up every morning.
    Last edited by mikesheen: 14/06/23
 
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