Shares of Snap Inc.
slid 1.63% to $74.92 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
rising 0.11% to 14,778.26 and the Dow Jones Industrial Average
rising 0.44% to 35,084.53. Snap Inc. closed $4.26 short of its 52-week high ($79.18), which the company achieved on July 23rd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc.
rose 0.46% to $145.64, Twitter Inc.
rose 0.59% to $70.37, and Facebook Inc. Cl A
fell 4.01% to $358.32. Trading volume (15.7 M) remained 2.4 million below its 50-day average volume of 18.2 M.
Go to the news source: Snap Inc. stock falls Thursday, underperforms market