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Shares of Snap Inc. (SNAP) slipped 5.82% to $13.28 Friday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 3.52% to 11,340.02 and Dow Jones Industrial Average falling 2.73% to 31,392.79. This was the stock's third consecutive day of losses. Snap Inc. closed $70.06 short of its 52-week high ($83.34), which the company achieved on September 24th.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc. (AAPL) fell 3.86% to $137.13 and Twitter Inc. (TWTR) fell 1.39% to $38.98. Trading volume (42.4 M) remained 2.2 million below its 50-day average volume of 44.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 10, 2022.
(END) Dow Jones Newswires
June 10, 2022 17:20 ET (21:20 GMT)
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