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Shares of Snap Inc. SNAP rallied 6.57% to $13.94 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.62% to 11,232.19 and the Dow Jones Industrial Average DJIA rising 0.64% to 30,677.36. This was the stock's fourth consecutive day of gains. Snap Inc. closed $69.40 below its 52-week high ($83.34), which the company reached on September 24th.
The stock outperformed some of its competitors Thursday, as Apple Inc. AAPL rose 2.16% to $138.27 and Twitter Inc. TWTR rose 0.39% to $38.68. Trading volume (32.0 M) remained 16.0 million below its 50-day average volume of 48.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 23, 2022.
(END) Dow Jones Newswires
June 23, 2022 17:21 ET (21:21 GMT)
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