Shares of Block Inc. SQ, +0.89% inched 0.89% higher to $64.47 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +1.35% rising 1.35% to 15,055.65 and the Dow Jones Industrial Average DJIA, +0.54% rising 0.54% to 37,468.61.
The stock’s rise snapped a five-day losing streak.
Block Inc. closed $25.50 below its 52-week high ($89.97), which the company reached on February 2nd.
The stock underperformed when compared to some of its competitors Thursday, as OneSoft Solutions Inc. OSSIF, +3.05% rose 3.05% to $0.61.
Trading volume (8.2 M) remained 3.9 million below its 50-day average volume of 12.1 M.