Shares of Snap Inc. SNAP, -5.72% slid 5.72% to $11.05 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP, +0.40% rising 0.40% to 11,576.00 and the Dow Jones Industrial Average DJIA, -0.18% falling 0.18% to 32,798.40. The stock’s fall snapped a three-day winning streak. Snap Inc. closed $28.75 below its 52-week high ($39.80), which the company reached on April 5th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. AAPL, +0.84% rose 0.84% to $152.87, Microsoft Corp. MSFT, -0.18% fell 0.18% to $253.70, and Alphabet Inc. Cl A GOOGL, +0.42% rose 0.42% to $94.25. Trading volume (36.4 M) eclipsed its 50-day average volume of 33.8 M.