Block Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Block Inc. (SQ) rose 1.87% to $60.43 Thursday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.49% to 11,966.40 and Dow Jones Industrial Average falling 0.86% to 33,127.74.
This was the stock's second consecutive day of gains.
Block Inc. closed $43.71 below its 52-week high ($104.14), which the company achieved on May 5th.
The stock outperformed some of its competitors Thursday, as OneSoft Solutions Inc. fell 1.87% to $0.32.
Trading volume (15.7 M) remained 1.4 million below its 50-day average volume of 17.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 4, 2023.
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May 04, 2023 17:26 ET (21:26 GMT)
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