Shares of Block Inc. SQ, -3.33% slid 3.33% to $87.51 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP, -0.41% falling 0.41% to 12,081.39 and Dow Jones Industrial Average DJIA, -0.67% falling 0.67% to 32,990.12. The stock’s fall snapped a three-day winning streak. Block Inc. closed $201.72 below its 52-week high ($289.23), which the company reached on August 5th.
The stock underperformed when compared to some of its competitors Tuesday, as PayPal Holdings Inc. PYPL, remained unchanged, Fiserv Inc. FISV, -1.17% fell 1.17% to $100.18, and Global Payments Inc. GPN, -0.91% fell 0.91% to $131.04. Trading volume (19.3 M) remained 401,914 below its 50-day average volume of 19.7 M.