Stock Market Today: Snap Declines on Neutral Analyst Outlook
Snap Inc (NYSE: SNAP) closed at $7.71, down 8.21%. Trading spiked to about 260 million shares, roughly 3.4 times its three-month average of 77.46 million, as investors reacted to another cautious analyst view on the ad business. Indexes finished higher. The S&P 500 (SNPINDEX: ^GSPC) rose 0.41% to 6,688.46, and the Nasdaq Composite(NASDAQINDEX: ^IXIC) added…