Block Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Block Inc. (SQ) slumped 0.02% to $80.77 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.03% to 33,743.84 and the NASDAQ Composite Index falling 0.18% to 11,313.36. This was the stock's second consecutive day of losses. Block Inc. closed $68.23 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 1.38% to $0.38. Trading volume (17.1 M) eclipsed its 50-day average volume of 11.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 25, 2023.
(END) Dow Jones Newswires
January 25, 2023 17:25 ET (22:25 GMT)
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