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?
Ann: Form 8-K Current Report, Items 2.02 and 9.01, page-58
Add SQ2 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$96.01 |
Change
-1.170(1.20%) |
Mkt cap ! $4.085B | |||
| Open | High | Low | Value | Volume |
| $95.80 | $96.14 | $95.60 | $7.596M | 79.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | $96.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $96.06 | 70 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| SQ2 (ASX) Chart |