Block Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Block Inc. (SQ) slipped 1.94% to $60.68 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.31% to 11,823.96 and the Dow Jones Industrial Average rising 0.41% to 32,237.53. This was the stock's third consecutive day of losses. Block Inc. closed $88.32 short of its 52-week high ($149.00), which the company reached on March 29th.
Despite its losses, the stock outperformed some of its competitors Friday, as OneSoft Solutions Inc. fell 4.13% to $0.32. Trading volume (48.9 M) eclipsed its 50-day average volume of 15.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2023.
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March 24, 2023 17:24 ET (21:24 GMT)
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