Cathie Wood’s Ark Invest buys $21 million in Block as stock drops 6%

Block's stock fell 6.15% on Thursday as the company posted rising operating expenses in Q2, despite cutting 40% of its workforce in February. Block's stock fell 6.15% on Thursday as the company posted rising operating expenses in Q2, despite cutting 40% of its workforce in February. Read the full story on The Block via the link below.