Dow Jones – Snap Inc. stock underperforms Friday when compared to competitors
Shares of Snap Inc.
slid 4.13% to $61.25 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index
rising 0.10% to 14,052.34 and the Dow Jones Industrial Average
rising 0.48% to 34,200.67. Snap Inc. closed $12.34 short of its 52-week high ($73.59), which the company achieved on February 24th.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc.
fell 0.25% to $134.16, Twitter Inc.
fell 2.22% to $70.12, and Facebook Inc. Cl A
fell 0.53% to $306.18. Trading volume (19.7 M) remained 3.5 million below its 50-day average volume of 23.2 M.