Stock Market Today: Snap Climbs on Product Buzz and Social-Media Tailwinds

Snap (NYSE: SNAP) gained 3.8% Tuesday to close at $7.74. Trading activity for the photo-centric social media company was heavy, with 147.8 million shares changing hands versus a three-month average of 54.7 million, suggesting elevated interest even in the absence of any company-specific announcement.Major indexes edged lower. The S&P 500 (SNPINDEX: ^GSPC) slipped 0.1% to 6,606.76, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) eased 0.07% to 22,333.96, a modest pullback from recent records.Among social media peers, Meta Platforms (NASDAQ: META) advanced 1.9%, and Reddit (NYSE: RDDT) rose 1.2%. Meta remained in focus ahead of its Connect event, while Reddit drew additional attention following fresh price-target increases from analysts, including Oppenheimer.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool