KMD

Block dives amid Hindenburg fraud claims, KMD Brands back in profit and Wyloo bids for Mincor

Shares in Afterpay-owner Block (ASX: SQ2) dived more than 26% on the ASX across the latter half of the week after short-seller Hindenburg Research published a scathing report accusing it of fraud on Thursday. Hindenburg claimed its report was based on a two-year investigation into Block, which found it had willingly “facilitated fraud” against consumers […]