Snap Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Snap Inc. (SNAP) shed 0.92% to $11.91 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.18% to 10,828.35 and the Dow Jones Industrial Average falling 0.50% to 30,364.83. This was the stock's fifth consecutive day of losses. Snap Inc. closed $71.43 below its 52-week high ($83.34), which the company achieved on September 24th.
The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc. (AAPL) rose 0.67% to $132.76 and Twitter Inc. (TWTR) rose 0.51% to $37.22. Trading volume (40.1 M) remained 5.5 million below its 50-day average volume of 45.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 14, 2022.
(END) Dow Jones Newswires
June 14, 2022 17:20 ET (21:20 GMT)
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