Block stock falls 15% amid short seller accusations of 'inflated metrics' and avoiding regulation

Block stock fell 15% after short seller Hindenburg Research said the digital payment company formally known as Square has "systematically taken advantage of the demographics it claims to be helping."

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  Jack Dorsey's Block Tumbles 17% After Short-Seller Hindenburg's Report

  CoinDesk
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  Short seller accuses Jack Dorsey's Block of facilitating fraud

  Fox Business

Trending tickers: Melrose | Schroders | BAT

The latest investor updates on stocks that are trending on Thursday.

Stocks hold onto gains during volatile post-Fed session

Stocks closed higher Thursday afternoon as a post-Fed rally was bolstered by hopes from investors interest rate hikes will end sooner than expected as banking pressures end the central bank's aggressive fight against inflation.

Coinbase stock plunges on possible SEC legal action over securities laws

The SEC warned the largest US crypto exchange about a possible enforcement action. Coinbase said SEC "has not been fair or reasonable."

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  Coinbase falls after US SEC threatens to sue over some crypto products

  Reuters
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  Crypto Exchange Coinbase Shares Tumble 16% After SEC Enforcement Notice

  CoinDesk