Snap Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Snap Inc. (SNAP) advanced 5.20% to $15.58 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 3.33% to 12,131.13 and the Dow Jones Industrial Average rising 1.76% to 33,212.96. This was the stock's third consecutive day of gains. Snap Inc. closed $67.76 short of its 52-week high ($83.34), which the company reached on September 24th.
The stock outperformed some of its competitors Friday, as Apple Inc. (AAPL) rose 4.08% to $149.64, Twitter Inc. (TWTR) rose 1.64% to $40.17, and Meta Platforms Inc. (FB) rose 1.83% to $195.13. Trading volume (65.9 M) eclipsed its 50-day average volume of 38.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2022.
(END) Dow Jones Newswires
May 27, 2022 17:20 ET (21:20 GMT)
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