SQ2 is just one of the many intrinsically unprofitable bubble stocks that rely on perpetual revenue growth but don't make a profit. They can't significantly reduce spending because it would expose the fundamental weakness of the underlying business. [Nvidia has even resorted to funding unprofitable AI and cloud startups to artificially pump demand.]
If Block had a brilliant future do you think insiders, like Alyssa Henry, would be constantly selling shares?
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Last
$121.45 |
Change
11.720(10.7%) |
Mkt cap ! $5.471B | |||
| Open | High | Low | Value | Volume |
| $120.70 | $122.59 | $120.50 | $38.88M | 321.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 32 | $121.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $121.45 | 18 | 2 |
View Market Depth
| Last trade - 13.18pm 21/07/2025 (20 minute delay) ? |
| XYZ (ASX) Chart |