Block Inc. Stock Falls Thursday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Block Inc. (SQ) shed 0.38% to $57.31 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.18% to 12,328.51 and the Dow Jones Industrial Average falling 0.66% to 33,309.51.
This was the stock's second consecutive day of losses.
Block Inc. closed $35.88 below its 52-week high ($93.19), which the company achieved on August 5th.
The stock underperformed when compared to some of its competitors Thursday, as OneSoft Solutions Inc. rose 1.63% to $0.31.
Trading volume (11.7 M) remained 4.7 million below its 50-day average volume of 16.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 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 11, 2023 17:26 ET (21:26 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.