Block Inc. Stock Falls Tuesday, Underperforms Market
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Shares of Block Inc. (SQ) slid 1.07% to $80.79 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.31% to 33,733.96 and the NASDAQ Composite Index falling 0.27% to 11,334.27. The stock's fall snapped a two-day winning streak. Block Inc. closed $68.21 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 Tuesday, as OneSoft Solutions Inc. rose 4.37% to $0.37. Trading volume (12.1 M) eclipsed its 50-day average volume of 11.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 24, 2023.
(END) Dow Jones Newswires
January 24, 2023 17:25 ET (22:25 GMT)
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