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Shares of Block Inc. (SQ) rallied 2.36% to $56.87 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.66% to 12,365.21 and the Dow Jones Industrial Average rising 0.14% to 33,348.60.
The stock's rise snapped a three-day losing streak.
Block Inc. closed $36.32 below its 52-week high ($93.19), which the company achieved on August 5th.
The stock underperformed when compared to some of its competitors Monday, as OneSoft Solutions Inc. rose 4.98% to $0.33.
Trading volume (9.4 M) remained 7.1 million below its 50-day average volume of 16.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2023.
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May 15, 2023 17:26 ET (21:26 GMT)
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