Snap, Inc (NYSE:SNAP) opened slightly higher on Thursday but continued in its descent, falling back toward Wednesday’s closing price by late afternoon.
The parent company of Snapchat has been trading in a heavy downtrend since April 5, plunging over 32% from the high of $39.80 printed on that day to $26.56 on Wednesday, which is less than $2 above the Feb. 3 52-week low of $24.32.
