Shares of Snap Inc. SNAP, -8.53% slipped 8.53% to $30.76 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.71% rising 0.71% to 35,160.79 and the NASDAQ Composite Index COMP, -1.22% falling 1.22% to 13,453.07. Snap Inc. closed $52.58 below its 52-week high ($83.34), which the company reached on September 24th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. AAPL, -0.10% fell 0.10% to $167.23, Twitter Inc. TWTR, +1.21% rose 1.21% to $46.72, and Meta Platforms Inc. FB, -7.77% fell 7.77% to $200.42. Trading volume (38.3 M) eclipsed its 50-day average volume of 29.0 M.