Block Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Block Inc. (SQ) slid 3.98% to $72.11 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 1.24% to 10,957.01 and Dow Jones Industrial Average falling 1.81% to 33,296.96. Block Inc. closed $76.89 short of its 52-week high ($149.00), which the company achieved on March 29th.
The stock underperformed when compared to some of its competitors Wednesday, as OneSoft Solutions Inc. rose 0.91% to $0.34. Trading volume (12.1 M) remained 478,838 below its 50-day average volume of 12.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2023.
(END) Dow Jones Newswires
January 18, 2023 17:25 ET (22:25 GMT)
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