Block Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Block Inc. (SQ) slid 1.69% to $59.86 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.11% to 33,241.56 and the NASDAQ Composite Index falling 1.38% to 10,353.23. Block Inc. closed $109.38 short of its 52-week high ($169.24), which the company achieved on December 28th.
The stock underperformed when compared to some of its competitors Tuesday, as OneSoft Solutions Inc. rose 3.03% to $0.32. Trading volume (8.5 M) remained 4.6 million below its 50-day average volume of 13.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 27, 2022.
(END) Dow Jones Newswires
December 27, 2022 17:24 ET (22:24 GMT)
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