Block Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Block Inc. (SQ) rallied 7.22% to $81.66 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 2.01% to 11,364.41 and the Dow Jones Industrial Average rising 0.76% to 33,629.56. This was the stock's second consecutive day of gains. Block Inc. closed $67.34 below its 52-week high ($149.00), which the company reached on March 29th.
The stock outperformed some of its competitors Monday, as OneSoft Solutions Inc. remained unchanged. Trading volume (16.7 M) eclipsed its 50-day average volume of 11.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 23, 2023.
(END) Dow Jones Newswires
January 23, 2023 17:25 ET (22:25 GMT)
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