Reported 2 months ago
Block, led by CEO Jack Dorsey, is undergoing a major restructuring to enhance collaboration and reduce operational silos, signaling a shift aimed at revitalizing growth after significant financial challenges. With the stock significantly down from its peak, potential investors are prompted to consider buying at what could be an attractive entry point, though caution is advised as the company seeks to streamline its business model and achieve projected earnings growth.
Source: YAHOO