Block Inc. Stock Outperforms Competitors On Strong Trading Day

Telephone and Data Systems Inc

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Communication Services : Wireless Telecommunication Services | Small Cap Value

Company profile

Telephone and Data Systems, Inc. is a diversified telecommunications company. It provides wireless, cable and wireline broadband, video, and voice, and hosted and managed services through its businesses, UScellular, TDS Telecom, BendBroadband and OneNeck IT Solutions. Its segments include UScellular and TDS Telecom. The TDS segment provides wireless telecommunications services. UScellular segment offers a range of devices, such as smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and Internet of things (IoT) devices. In addition, UScellular also offers a range of accessories, including wireless essentials such as cases, screen protectors, chargers, memory cards and consumer electronics such as audio, home automation and networking products. TDS Telecom owns, operates and invests in communications services in a mix of rural and suburban communities throughout the United States. Its TDS Telecom provides a range of broadband, video, and voice communications.

Block Inc. Stock Outperforms Competitors On Strong Trading Day

5:24 pm ET March 27, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Block Inc. (SQ) rose 6.13% to $64.40 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.60% to 32,432.08 and the NASDAQ Composite Index falling 0.47% to 11,768.84. The stock's rise snapped a three-day losing streak. Block Inc. closed $84.60 short of its 52-week high ($149.00), which the company achieved on March 29th.

The stock outperformed some of its competitors Monday, as OneSoft Solutions Inc. fell 0.32% to $0.31. Trading volume (33.3 M) eclipsed its 50-day average volume of 16.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

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March 27, 2023 17:24 ET (21:24 GMT)