NYSE:SNAPInteractive Media and Services
Snap (NYSE:SNAP) Sees 12% Price Drop Over Last Week
Snap (NYSE:SNAP) experienced a significant price decline of 12% last week. This decline stands out against a mixed market backdrop, where the S&P 500 and Nasdaq saw modest gains following previous sell-offs, while the Dow Jones was hampered by a notable drop in UnitedHealth stocks. During the week, tech stocks were broadly pressured, with Nvidia and AMD particularly affected by new U.S. export restrictions to China, which also influenced market sentiment. Although Snap itself was not directly...