Block shares are trading lower after the company faced a day-long outage.
Portfolio Pulse from Benzinga Newsdesk
Block, formerly known as Square (SQ), experienced a day-long outage, leading to a drop in its share price.

September 08, 2023 | 4:06 pm
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NEGATIVE IMPACT
Block's shares are trading lower due to a day-long outage.
Outages can significantly impact a company's operations and reputation, leading to a decrease in investor confidence and a subsequent drop in share price. As Block experienced a day-long outage, it's likely that this has negatively affected its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100