Snap Inc. stock outperforms competitors on strong trading day

Snap Inc. stock outperforms competitors on strong trading day

Shares of Snap Inc. SNAP, +1.24% advanced 1.24% to $9.00 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP, -0.23% falling 0.23% to 13,678.19 and Dow Jones Industrial Average DJIA, -0.31% falling 0.31% to 34,517.73.

Snap Inc. closed $4.89 below its 52-week high ($13.89), which the company achieved on July 13th.

The stock outperformed some of its competitors Tuesday, as Apple Inc. AAPL, +0.62% rose 0.62% to $179.07, Microsoft Corp. MSFT, -0.12% fell 0.12% to $328.65, and Alphabet Inc. Cl A GOOGL, -0.12% fell 0.12% to $138.04.

Trading volume (20.1 M) remained 6.9 million below its 50-day average volume of 27.0 M.

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