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Judo, Block shares smashed after misses

James Eyers

Judo Bank chief executive Chris Bayliss says a savage sell-off that punished the business lender with a 17 per cent hit to its share price was a response to data from the prudential regulator and not linked to comments made by its chief financial officer earlier this week.

Afterpay owner Block also plunged when the market opened on Friday after its top-line quarterly earnings missed estimates, falling 30 per cent.

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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au

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    Original URL: https://www.afr.com/companies/financial-services/judo-block-shares-smashed-after-misses-20250501-p5lvtb