{"id":350203,"date":"2010-02-22T13:07:19","date_gmt":"2010-02-22T18:07:19","guid":{"rendered":"http:\/\/www.businessinsider.com\/hr-blocks-stock-plummets-on-ratings-downgrade-2010-2"},"modified":"2010-02-22T13:07:19","modified_gmt":"2010-02-22T18:07:19","slug":"hr-blocks-stock-plummets-after-bad-commentary-from-competitor-and-weak-channel-checks","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/350203","title":{"rendered":"H&amp;R Block&#8217;s Stock Plummets After Bad Commentary From Competitor And Weak Channel Checks"},"content":{"rendered":"<p>Right now, H&amp;R Block (HRB) is watching its stock plummet after Oppenheimer downgraded it to &#8220;Perform&#8221; from &#8220;Outperform.&#8221; Shares are currently at $20.18 a share, down 4.5% or $0.94. <\/p>\n<p>The firm downgraded the company based partly on &#8220;uninspiring&#8221; channel checks and disappointing commentary from Inuit (INTU). The firm removed its target on H&amp;R Block, according to The Fly On The Wall.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4b82c72200000000001b48ff\/hrb-feb22nd.jpg\" border=\"0\" alt=\"HRB Feb22nd\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/hr-blocks-stock-plummets-on-ratings-downgrade-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/fannie-and-freddie-are-the-real-budget-busters-and-theyre-spending-money-to-preserve-an-accounting-fiction-2010-2\">Fannie And Freddie Are The Real Budget Busters, And They&#8217;re Spending Money To Preserve An Accounting Fiction<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/audit-integrity-socially-responsible-funds-actually-contain-massive-governance-concerns-2009-12\">Audit Integrity: &#8216;Socially Responsible&#8217; Companies Have Worse Accounting Practices Than Normal Ones<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/aig-reduces-government-borrowings-by-25-billion-2009-12\">AIG Uses Accounting Gimmick To Reduce Money It Owes Taxpayers By $25 Billion<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/8-6WMi0Hjr4\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Right now, H&amp;R Block (HRB) is watching its stock plummet after Oppenheimer downgraded it to &#8220;Perform&#8221; from &#8220;Outperform.&#8221; Shares are currently at $20.18 a share, down 4.5% or $0.94. The firm downgraded the company based partly on &#8220;uninspiring&#8221; channel checks and disappointing commentary from Inuit (INTU). The firm removed its target on H&amp;R Block, according [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-350203","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/350203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=350203"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/350203\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=350203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=350203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=350203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}