Snap Inc. stock outperforms competitors on strong trading day

Snap Inc. stock outperforms competitors on strong trading day

Shares of Snap Inc. SNAP, +0.26% inched 0.26% higher to $11.48 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.12% rising 0.12% to 39,807.37 and the NASDAQ Composite Index COMP, -0.12% falling 0.12% to 16,379.46.

This was the stock’s third consecutive day of gains.

Snap Inc. closed $6.42 below its 52-week high ($17.90), which the company reached on December 18th.

The stock outperformed some of its competitors Thursday, as Microsoft Corp. MSFT, -0.17% fell 0.17% to $420.72, Apple Inc. AAPL, -1.06% fell 1.06% to $171.48, and Alphabet Inc. Cl A GOOGL, +0.04% rose 0.04% to $150.93.

Trading volume (15.2 M) remained 17.6 million below its 50-day average volume of 32.8 M.

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