Block, Inc. (NYSE: SQ) announced today that it will be changing its ticker symbols from “SQ” and “SQ2” to “XYZ”. This is in connection with the company’s earlier name change to “Block” and its ecosystem of brands including Cash App, Square, Afterpay and TIDAL. The change will be implemented across the company’s dual listings on the New York Stock Exchange (NYSE) and the Australian Securities Exchange (ASX). Effective January 21, 2025, the company’s Class A common stock will trade on the NYSE under the new symbol “XYZ”. Effective January 22, 2025, the company’s ticker code on the ASX will also change to “XYZ”.
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49 sats \ 3 replies \ @elvismercury 21 Jan
It's probably not super encouraging when there's all this name switcheroo-ing for a public company.
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178 sats \ 1 reply \ @k00b 21 Jan
They go pretty hard on vibe. The corporate website is art.
The Meta/Block name changes do make me wonder what goes into decisions like that. They both did it around the same time so there's probably some shared inputs.
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151 sats \ 0 replies \ @Wumbo OP 21 Jan
I just noticed they have JAY-Z song as background music for website (player top left of website)
Maybe Stacker News needs some background music for all the zapping that happens (Joke,):
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0 sats \ 0 replies \ @Wumbo OP 21 Jan
Agreed, I am not sure how this is going generate shareholder value long term.
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0 sats \ 0 replies \ @BlokchainB 21h
As a shareholder of XYZ I approve of this switch
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