Block Inc. Stock Falls Friday, Underperforms Market
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Shares of Block Inc. (SQ) shed 0.21% to $71.65 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.71% to 11,079.16 and the Dow Jones Industrial Average rising 0.33% to 34,302.61. The stock's fall snapped a five-day winning streak. Block Inc. closed $77.35 below its 52-week high ($149.00), which the company achieved on March 29th.
The stock underperformed when compared to some of its competitors Friday, as OneSoft Solutions Inc. rose 1.06% to $0.33. Trading volume (9.3 M) remained 3.3 million below its 50-day average volume of 12.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2023.
(END) Dow Jones Newswires
January 13, 2023 17:25 ET (22:25 GMT)
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