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Shares of Snap Inc. SNAP rallied 5.45% to $14.70 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP rising 3.34% to 11,607.62 and the Dow Jones Industrial Average DJIA rising 2.68% to 31,500.68. This was the stock's fifth consecutive day of gains. Snap Inc. closed $68.64 short of its 52-week high ($83.34), which the company reached on September 24th.
The stock outperformed some of its competitors Friday, as Apple Inc. AAPL rose 2.45% to $141.66 and Twitter Inc. TWTR rose 1.89% to $39.41. Trading volume (37.2 M) remained 11.0 million below its 50-day average volume of 48.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 24, 2022.
(END) Dow Jones Newswires
June 24, 2022 17:20 ET (21:20 GMT)
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