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Shares of Snap Inc. (SNAP) slipped 1.28% to $13.93 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 0.72% to 11,994.46 and Dow Jones Industrial Average falling 0.54% to 32,813.23. This was the stock's second consecutive day of losses. Snap Inc. closed $69.41 short of its 52-week high ($83.34), which the company achieved on September 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. (AAPL) fell 0.09% to $148.71, Twitter Inc. (TWTR) fell 0.76% to $39.30, and Meta Platforms Inc. (FB) fell 2.58% to $188.64. Trading volume (80.3 M) eclipsed its 50-day average volume of 40.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2022.
(END) Dow Jones Newswires
June 01, 2022 17:20 ET (21:20 GMT)
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