Block Inc. Stock Rises Friday, Outperforms Market
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Shares of Block Inc. (SQ) advanced 6.61% to $68.99 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 2.56% to 10,569.29 and the Dow Jones Industrial Average rising 2.13% to 33,630.61. Block Inc. closed $83.71 short of its 52-week high ($152.70), which the company reached on January 12th.
The stock underperformed when compared to some of its competitors Friday, as OneSoft Solutions Inc. rose 11.07% to $0.32. Trading volume (15.5 M) eclipsed its 50-day average volume of 12.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 6, 2023.
(END) Dow Jones Newswires
January 06, 2023 17:26 ET (22:26 GMT)
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