Block Inc. Stock Underperforms Friday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Block Inc. (SQ) shed 1.95% to $59.25 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 2.25% to 12,235.41 and the Dow Jones Industrial Average rising 1.65% to 33,674.38.
The stock's fall snapped a two-day winning streak.
Block Inc. closed $39.43 below its 52-week high ($98.68), which the company reached on May 6th.
The stock underperformed when compared to some of its competitors Friday, as OneSoft Solutions Inc. fell 0.28% to $0.32.
Trading volume (25.4 M) eclipsed its 50-day average volume of 17.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 5, 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.
(END) Dow Jones Newswires
May 05, 2023 17:26 ET (21:26 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.