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Shares of Block Inc. (SQ) sank 0.76% to $58.80 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.18% to 12,256.92 and the Dow Jones Industrial Average falling 0.17% to 33,618.69.
This was the stock's second consecutive day of losses.
Block Inc. closed $35.17 below its 52-week high ($93.97), which the company achieved on May 9th.
Despite its losses, the stock outperformed some of its competitors Monday, as OneSoft Solutions Inc. fell 1.57% to $0.31.
Trading volume (13.5 M) remained 3.8 million below its 50-day average volume of 17.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 8, 2023.
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May 08, 2023 17:26 ET (21:26 GMT)
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