Shares of Snap Inc. SNAP,
sank 0.68% to $10.18 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
rising 0.23% to 32,803.47 and the NASDAQ Composite Index COMP,
falling 0.50% to 12,657.55. This was the stock’s second consecutive day of losses. Snap Inc. closed $73.16 below its 52-week high ($83.34), which the company reached on September 24th.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc. AAPL,
fell 0.14% to $165.35 and Twitter Inc. TWTR,
rose 3.56% to $42.52. Trading volume (37.4 M) remained 25.5 million below its 50-day average volume of 62.9 M.