Exane BNP Paribas analyst Guy Stebbings downgrades HSBC Holdings (NYSE:HSBC) from Outperform to Neutral.
Financial Services Firm Block Stock Has Fallen (-59%) In 2022
Financial services firm Block (NYSE: SQ) stock has fallen (-59%) into the toilet for 2022. The e-commerce processing and payments platform subsidiary Square expanded its services through acquisition and integrated them into its wildly popular Cash App mobile payment service.