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Snap Inc. Shares Plummet Amid Lawsuits and Ad Woes

10/1/2025

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Summary

Story summary

Snap Inc. shares fell 8.21% to $7.71, with 260 million shares traded, significantly above average.
Analysts caution on Snap's advertising business; Mizuho maintains Neutral with a $9 target.
The company faces class-action lawsuits alleging misleading investors about advertising growth, fueling volatility.
In Q2 2025, revenue was $1.34 billion vs $1.60 billion in expenses, yielding negative EBITDA of $187.28 million.

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Story summary

Snap Inc. shares fell 8.21% to $7.71, with 260 million shares traded, significantly above average.
Analysts caution on Snap's advertising business; Mizuho maintains Neutral with a $9 target.
The company faces class-action lawsuits alleging misleading investors about advertising growth, fueling volatility.
In Q2 2025, revenue was $1.34 billion vs $1.60 billion in expenses, yielding negative EBITDA of $187.28 million.