Shares of Snap Inc. SNAP, +0.30% slid 5.95% to $13.13 Thursday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP, +0.90% falling 1.33% to 11,028.74 and Dow Jones Industrial Average DJIA, +1.05% falling 0.82% to 30,775.43. Snap Inc. closed $70.21 short of its 52-week high ($83.34), which the company achieved on September 24th.
The stock underperformed when compared to some of its competitors Thursday, as Apple Inc. AAPL, +1.62% fell 1.80% to $136.72 and Twitter Inc. TWTR, +2.25% fell 1.08% to $37.39. Trading volume (32.7 M) remained 16.2 million below its 50-day average volume of 49.0 M.