SNAP has been in the news 600% more than usual
Aug 08, 2025, 12:32 AM
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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: Snap Inc. shares dropped more than 14% due to a reported slowdown in U.S. user engagement, despite the company exceeding second-quarter sales expectations. Additionally, eight analysts have provided mixed ratings for Snap, indicating a range of opinions on its future performance.
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