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Shares of Block Inc. (SQ) rose 3.19% to $63.46 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.07% to 13,240.77 and the Dow Jones Industrial Average rising 2.12% to 33,762.76.
This was the stock's third consecutive day of gains.
Block Inc. closed $29.73 below its 52-week high ($93.19), which the company reached on August 5th.
The stock underperformed when compared to some of its competitors Friday, as OneSoft Solutions Inc. rose 3.56% to $0.38.
Trading volume (10.6 M) remained 5.5 million below its 50-day average volume of 16.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2023.
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(END) Dow Jones Newswires
June 02, 2023 17:37 ET (21:37 GMT)
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