Published on 4 Dec 2021 on Market Watch
Square Inc. Cl A stock underperforms Friday when compared to competitors
Shares of Square Inc. Cl A slid 5.64% to $181.31 Friday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 1.92% to 15,085.47 and Dow Jones Industrial Average falling 0.17% to 34,580.08. This was the stock's fourth consecutive day of losses. Square Inc. Cl A closed $107.92 short of its 52-week high ($289.23), which the company reached on August 5th.
The stock underperformed when compared to some of its competitors Friday, as PayPal Holdings Inc. fell 1.72% to $183.93, Fiserv Inc. rose 0.64% to $100.50, and Global Payments Inc. fell 1.26% to $120.27. Trading volume (19.1 M) eclipsed its 50-day average volume of 7.4 M.