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PYPL Jan 2025 125.000 put

OPR - OPR Delayed price. Currency in USD
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49.500.00 (0.00%)
As of 12:43PM EDT. Market open.
Full screen
Previous close49.50
Open49.75
Bid0.00
Ask0.00
Strike125.00
Expiry date2025-01-17
Day's range49.50 - 49.75
Contract rangeN/A
Volume3
Open interestN/A
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  • Yahoo Finance Video

    Block analyst calls Hindenburg short-seller report 'inappropriate'

    Block (SQ) shares are under pressure after falling 15% on Thursday, as investors continue to digest Hindenburg's latest short-seller report that targeted the company. The report accused Block of misleading investors by overstating user numbers and says it's been ignoring fraudulent payments. While the report offers details of alleged wrongdoings by Block, some Wall Street analysts are not buying into it. "There were a lot of undertones in that Hindenburg report which I didn't like, and I thought were inappropriate as well," Dan Dolev, Mizuho Senior Financial Technology Analyst, told Yahoo Finance. Dolev points out that there are likely similar things going on in payments apps Zelle and Venmo (PYPL). "To a certain extent, these things happen everywhere." The stats that Hindenburg used to back up its accusations actually show the company has a "good hit rate" Dolev says. "I don't think this is actually a valid argument. ...The numbers speak for themselves." You can watch Yahoo Finance's Brad Smith and Jared Blikre's entire interview with Dolev here. Key Video Moments 00:00:01: Hindenburg 'singled out' the Cash app 00:00:33: 'Inappropriate' findings in the report 00:00:52: Block's 'hit rate' around fraudulent activity 00:01:25: Block's gross profit