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Shares of Snap Inc. (SNAP) shed 9.49% to $12.02 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 4.68% to 10,809.23 and Dow Jones Industrial Average falling 2.79% to 30,516.74. This was the stock's fourth consecutive day of losses. Snap Inc. closed $71.32 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 Monday, as Apple Inc. (AAPL) fell 3.83% to $131.88 and Twitter Inc. (TWTR) fell 5.00% to $37.03. Trading volume (43.6 M) remained 1.5 million below its 50-day average volume of 45.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 13, 2022.
(END) Dow Jones Newswires
June 13, 2022 17:20 ET (21:20 GMT)
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