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Shares of Block Inc. (SQ) rose 1.84% to $61.50 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.28% to 13,100.98 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.
This was the stock's second consecutive day of gains.
Block Inc. closed $31.69 below its 52-week high ($93.19), which the company reached on August 5th.
The stock underperformed when compared to some of its competitors Thursday, as OneSoft Solutions Inc. rose 3.58% to $0.37.
Trading volume (8.7 M) remained 7.5 million below its 50-day average volume of 16.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.
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June 01, 2023 17:26 ET (21:26 GMT)
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