SNAP has been in the news 346% more than usual
Aug 05, 2025, 10:32 PM
-8.73%
What does SNAP do
Snap, headquartered in Santa Monica, California, employs 5,289 people and went public on March 2, 2017. Its main product, Snapchat, is a visual messaging app that includes subscription features and various advertising options.
SNAP has been in the news recently: The Double Up Food Bucks NY program, supported by Field & Fork Network and Northeast Grocery, has been expanded to 16 new counties, aiding 62,000 SNAP households in accessing fresh produce. Meanwhile, Snap Inc. experienced a 15% decline in shares following a second-quarter loss of $262.6 million and revenue that fell short of analysts' expectations.
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