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Shares of Block Inc. (SQ) inched 0.88% higher to $59.32 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.63% to 12,179.55 and Dow Jones Industrial Average falling 0.17% to 33,561.81.
The stock's rise snapped a two-day losing streak.
Block Inc. closed $33.87 below its 52-week high ($93.19), which the company reached on August 5th.
The stock outperformed some of its competitors Tuesday, as OneSoft Solutions Inc. fell 0.32% to $0.31.
Trading volume (8.3 M) remained 8.4 million below its 50-day average volume of 16.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2023.
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May 09, 2023 17:26 ET (21:26 GMT)
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