Shares of Snap Inc. SNAP, -4.88% slid 4.58% to $35.66 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP, -1.57% falling 1.56% to 13,537.94 and Dow Jones Industrial Average DJIA, -0.82% falling 0.29% to 33,794.66. This was the stock’s third consecutive day of losses. Snap Inc. closed $47.68 below its 52-week high ($83.34), which the company reached on September 24th.
The stock underperformed when compared to some of its competitors Thursday, as Apple Inc. AAPL, -1.66% fell 0.20% to $166.23, Twitter Inc. TWTR, -0.48% fell 3.26% to $33.49, and Meta Platforms Inc. FB, -0.66% fell 2.47% to $202.97. Trading volume (23.0 M) remained 13.6 million below its 50-day average volume of 36.6 M.