Snap Stock- Snap Inc. stock outperforms market on strong trading day
Shares of Snap Inc.
rose 5.12% to $56.88 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
falling 0.05% to 13,698.38 and Dow Jones Industrial Average
falling 0.29% to 33,430.24. Snap Inc. closed $16.71 below its 52-week high ($73.59), which the company reached on February 24th.
The stock outperformed some of its competitors Tuesday, as Apple Inc.
rose 0.25% to $126.21, Twitter Inc.
rose 4.30% to $67.00, and Facebook Inc. Cl A
fell 0.86% to $306.26. Trading volume (27.6 M) eclipsed its 50-day average volume of 23.0 M.