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Shares of Block Inc. (SQ) inched 0.49% higher to $61.86 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.61% to 12,484.16 and Dow Jones Industrial Average falling 0.77% to 32,799.92.
This was the stock's third consecutive day of gains.
Block Inc. closed $31.33 below its 52-week high ($93.19), which the company reached on August 5th.
The stock underperformed when compared to some of its competitors Wednesday, as OneSoft Solutions Inc. rose 1.08% to $0.37.
Trading volume (8.9 M) remained 7.2 million below its 50-day average volume of 16.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2023.
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May 24, 2023 17:25 ET (21:25 GMT)
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