Block Inc. (XYZ) Falls 6.6% on 7 States’ Probe Into BNPL Practices
Yahoo Finance·2025-12-04 00:09

We recently published 10 Stocks Deep in the Red. Block Inc. (NYSE:XYZ) is one of the worst performers on Tuesday. Block Inc. saw its share prices decline by 6.59 percent on Tuesday to close at $60.11 apiece as investor sentiment was dented by the launch of a probe into six “Buy Now, Pay Later” (BNPL) companies. Afterpay—a subsidiary of Block Inc. (NYSE:XYZ) which engages in BNPL—was one of the six firms that received letters from the offices of the Attorneys General of California, Colorado, Connecticut, ...