Shares of Snap Inc. SNAP, -0.26% dropped 0.26% to $15.50 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP, -0.59% falling 0.59% to 14,855.62 and Dow Jones Industrial Average DJIA, -0.25% falling 0.25% to 37,266.67.
This was the stock’s fourth consecutive day of losses.
Snap Inc. closed $2.40 below its 52-week high ($17.90), which the company reached on December 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. AAPL, -0.52% fell 0.52% to $182.68, Microsoft Corp. MSFT, -0.20% fell 0.20% to $389.47, and Alphabet Inc. Cl A GOOGL, -0.72% fell 0.72% to $141.47.
Trading volume (21.0 M) remained 3.0 million below its 50-day average volume of 24.0 M.