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Shares of Block Inc. (SQ) rallied 2.63% to $60.39 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.63% to 12,935.29 and Dow Jones Industrial Average falling 0.41% to 32,908.27.
The stock's rise snapped a three-day losing streak.
Block Inc. closed $32.80 below its 52-week high ($93.19), which the company achieved on August 5th.
The stock outperformed some of its competitors Wednesday, as OneSoft Solutions Inc. fell 0.14% to $0.35.
Trading volume (15.3 M) remained 778,778 below its 50-day average volume of 16.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2023.
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May 31, 2023 17:25 ET (21:25 GMT)
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