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Shares of Block Inc. (SQ) slipped 1.46% to $58.65 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.24% to 12,657.90 and Dow Jones Industrial Average falling 0.33% to 33,426.63.
The stock's fall snapped a two-day winning streak.
Block Inc. closed $34.54 short of its 52-week high ($93.19), which the company achieved on August 5th.
The stock underperformed when compared to some of its competitors Friday, as OneSoft Solutions Inc. rose 2.70% to $0.38.
Trading volume (6.6 M) remained 9.9 million below its 50-day average volume of 16.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2023.
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(END) Dow Jones Newswires
May 19, 2023 17:24 ET (21:24 GMT)
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