Snap Inc. Stock Falls Monday, Underperforms Market
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Shares of Snap Inc. SNAP slid 0.95% to $14.56 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP falling 0.72% to 11,524.55 and Dow Jones Industrial Average DJIA falling 0.20% to 31,438.26. The stock's fall snapped a five-day winning streak. Snap Inc. closed $68.78 short of its 52-week high ($83.34), which the company reached on September 24th.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc. AAPL remained unchanged and Twitter Inc. TWTR fell 0.56% to $39.19. Trading volume (29.2 M) remained 19.3 million below its 50-day average volume of 48.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 27, 2022.
(END) Dow Jones Newswires
June 27, 2022 17:21 ET (21:21 GMT)
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