Why Block (SQ) Dipped More Than Broader Market Today
SQBLOCK(SQ) ZACKS·2024-06-08 06:50

Block (SQ) closed at $65.10 in the latest trading session, marking a -1.96% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.11%. Meanwhile, the Dow lost 0.22%, and the Nasdaq, a tech-heavy index, lost 0.23%.Shares of the mobile payments services provider have depreciated by 9.29% over the course of the past month, underperforming the Business Services sector's gain of 0.39% and the S&P 500's gain of 3.51%.Market participants will be closely following the financial ...