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Shares of Block Inc. (SQ) dropped 0.27% to $58.84 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.32% to 13,017.43 and the Dow Jones Industrial Average falling 0.15% to 33,042.78.
This was the stock's third consecutive day of losses.
Block Inc. closed $34.35 short of its 52-week high ($93.19), which the company reached on August 5th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as OneSoft Solutions Inc. fell 4.10% to $0.35.
Trading volume (9.6 M) remained 6.4 million below its 50-day average volume of 16.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 30, 2023.
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May 30, 2023 17:25 ET (21:25 GMT)
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