Shares of Snap Inc. SNAP, -9.49% shed 9.49% to $12.02 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP, -4.68% falling 4.68% to 10,809.23 and Dow Jones Industrial Average DJIA, -2.79% falling 2.79% to 30,516.74. This was the stock’s fourth consecutive day of losses. Snap Inc. closed $71.32 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 Monday, as Apple Inc. AAPL, -3.83% fell 3.83% to $131.88 and Twitter Inc. TWTR, -5.00% fell 5.00% to $37.03. Trading volume (43.6 M) remained 1.5 million below its 50-day average volume of 45.1 M.