Snap Stock- Snap Inc. stock rises Friday, still underperforms market
Shares of Snap Inc.
inched 0.11% higher to $63.27 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index
rising 0.51% to 13,900.19 and the Dow Jones Industrial Average
rising 0.89% to 33,800.60. This was the stock’s fourth consecutive day of gains. Snap Inc. closed $10.32 below its 52-week high ($73.59), which the company reached on February 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Apple Inc.
rose 2.02% to $133.00, Twitter Inc.
fell 0.04% to $71.19, and Facebook Inc. Cl A
fell 0.18% to $312.46. Trading volume (17.2 M) remained 6.6 million below its 50-day average volume of 23.8 M.