Stock Market Today: Snap Rebounds on High Volume After Earnings Dive

Social media company Snap (NYSE: SNAP) climbed 2.7% to close at $7.33 on Tuesday, breaking out of its recent slide and notching its third straight day of gains. The move came on heavy volume of 102.7 million shares, more than double its three-month average, and pushed the stock off a 52-week intraday low of $6.90 set earlier in the session.The recovery came even as broader markets retreated, with the S&P 500 (SNPINDEX: ^GSPC) falling 0.7% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) down 0.8% on the day.Social media peers saw mixed trading. Pinterest (NYSE: PINS) edged up 0.3% to $36.73, while Meta Platforms (NASDAQ: META) dipped 0.5% to $735.11.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool