WASHINGTON (dpa-AFX) - Shares of H&R Block (HRB) have come under pressure during trading on Thursday, slumping by 3.8 percent. Earlier in the session, H&R Block hit its lowest intraday level in almost a month.
The drop by H&R Block comes even though the tax preparer reported a slightly narrower than expected second quarter loss on revenues that exceeded analyst estimates.
H&R Block also revealed the resignation of Greg Macfarlane, the head of U.S. retail products and operations, in an SEC filing.
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