Snap Stock- Snap Inc. stock outperforms market on strong trading day
Shares of Snap Inc.
advanced 5.89% to $60.23 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.05% to 33,446.26 and the NASDAQ Composite Index
falling 0.07% to 13,688.84. This was the stock’s second consecutive day of gains. Snap Inc. closed $13.36 short of its 52-week high ($73.59), which the company achieved on February 24th.
The stock outperformed some of its competitors Wednesday, as Apple Inc.
rose 1.34% to $127.90, Twitter Inc.
rose 2.97% to $68.99, and Facebook Inc. Cl A
rose 2.23% to $313.09. Trading volume (38.5 M) eclipsed its 50-day average volume of 23.2 M.