Snap Inc. Stock Rises Wednesday, Outperforms Market
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Shares of Snap Inc. SNAP rose 1.79% to $13.08 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP falling 0.15% to 11,053.08 and Dow Jones Industrial Average DJIA falling 0.15% to 30,483.13. This was the stock's third consecutive day of gains. Snap Inc. closed $70.26 below its 52-week high ($83.34), which the company reached on September 24th.
The stock outperformed some of its competitors Wednesday, as Apple Inc. AAPL fell 0.38% to $135.35 and Twitter Inc. TWTR fell 0.98% to $38.53. Trading volume (31.2 M) remained 16.6 million below its 50-day average volume of 47.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 22, 2022.
(END) Dow Jones Newswires
June 22, 2022 17:21 ET (21:21 GMT)
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