Block Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Block Inc. (SQ) inched 0.52% higher to $81.19 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.76% to 11,512.41 and the Dow Jones Industrial Average rising 0.61% to 33,949.41. The stock's rise snapped a two-day losing streak. Block Inc. closed $67.81 below its 52-week high ($149.00), which the company achieved on March 29th.
The stock underperformed when compared to some of its competitors Thursday, as OneSoft Solutions Inc. rose 2.50% to $0.39. Trading volume (13.3 M) eclipsed its 50-day average volume of 11.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 26, 2023.
(END) Dow Jones Newswires
January 26, 2023 17:25 ET (22:25 GMT)
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