Block Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Block Inc. (SQ) rallied 2.08% to $144.48 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.05% to 14,942.83 and the Dow Jones Industrial Average falling 0.45% to 36,068.87. Block Inc. closed $144.75 below its 52-week high ($289.23), which the company reached on August 5th.
The stock outperformed some of its competitors Monday, as PayPal Holdings Inc. (PYPL) fell 2.48% to $182.95, Fiserv Inc. (FISV) fell 0.99% to $107.75, and Global Payments Inc. (GPN) fell 2.12% to $147.01. Trading volume (15.5 M) eclipsed its 50-day average volume of 8.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2022.
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(END) Dow Jones Newswires
January 10, 2022 17:24 ET (22:24 GMT)
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