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Shares of Snap Inc. (SNAP) slipped 0.72% to $15.17 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.73% to 12,086.27 and Dow Jones Industrial Average falling 0.81% to 32,910.90. The stock's fall snapped a two-day winning streak. Snap Inc. closed $68.17 below its 52-week high ($83.34), which the company reached on September 24th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. (AAPL) fell 0.50% to $147.96, Twitter Inc. (TWTR) rose 0.77% to $40.44, and Meta Platforms Inc. (FB) rose 0.51% to $196.64. Trading volume (36.3 M) remained 7.5 million below its 50-day average volume of 43.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 8, 2022.
(END) Dow Jones Newswires
June 08, 2022 17:20 ET (21:20 GMT)
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