1. Snap Inc. is under investigation for possible federal securities law violations. 2. Recent earnings report showed slowing advertising revenue growth. 3. SNAP stock dropped 17.1% after the earnings announcement. 4. Investors are urged to inquire about possible claims for recovery. 5. The timing of Ramadan affected revenue according to company statements.
The stock drop of 17.1% indicates investor confidence has significantly weakened, similar to past declines during significant earnings misses which often led to long-term value depreciation.
The investigation linked to regulatory compliance directly impacts SNAP's credibility and stock performance, making it highly relevant for investors.
Immediate investor sentiment is likely to be negative, with potential for legal repercussions further increasing uncertainty in the near term.
The Law Offices of Frank R. Cruz announces an investigation of Snap Inc. ("Snap" or the "Company") (NYSE: SNAP) on behalf of investors concerning the Company's possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON SNAP INC. (SNAP), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
What Is the Investigation About?
On August 5, 2025, Snap released its second quarter fiscal 2025 financial results, disclosing a deceleration in advertising revenue growth due to "an issue related to [its] ad platform, the timing of Ramadan and the effects of the de minimis changes."
On this news, Snap's stock price fell $1.61, or 17.1%, to close at $7.78 per share on August 6, 2025, thereby injuring investors.
Contact Us to Participate or Learn More:
If you purchased Snap securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz
2121 Avenue of the Stars, Suite 800
Century City, California 90067
Call us at: 310-914-5007
Email us at: info@frankcruzlaw.com
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250822049714/en/
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz
310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com