Block Inc. stock rises Thursday, still underperforms market

Block Inc. stock rises Thursday, still underperforms market

Shares of Block Inc. SQ, +0.18% inched 0.18% higher to $71.80 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP, +0.64% rising 0.64% to 11,001.10 and the Dow Jones Industrial Average DJIA, +0.64% rising 0.64% to 34,189.97. This was the stock’s fifth consecutive day of gains. Block Inc. closed $77.20 below its 52-week high ($149.00), which the company achieved on March 29th.

The stock underperformed when compared to some of its competitors Thursday, as OneSoft Solutions Inc. OSSIF, +3.47% rose 3.47% to $0.33. Trading volume (11.8 M) remained 812,063 below its 50-day average volume of 12.6 M.

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