Block Inc. stock rises Tuesday, still underperforms market
Shares of Block Inc. SQ, +0.63% inched 0.63% higher to $84.39 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP, +0.98% rising 0.98%…
From the Equity Insider archive. This article dates from May 10, 2022 and is preserved as first published.
Shares of Block Inc. SQ, +0.63% inched 0.63% higher to $84.39 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP, +0.98% rising 0.98% to 11,737.67 and the Dow Jones Industrial Average DJIA, -0.26% falling 0.26% to 32,160.74. Block Inc. closed $204.84 below its 52-week high ($289.23), which the company achieved on August 5th.
39 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP, +0.
The stock outperformed some of its competitors Tuesday, as PayPal Holdings Inc. PYPL, -0.98% fell 0.98% to $78.75, Fiserv Inc. FISV, -0.91% fell 0.91% to $92.78, and Global Payments Inc. GPN, +0.46% rose 0.46% to $118.93. Trading volume (25.7 M) eclipsed its 50-day average volume of 19.9 M.
