🟢 Snap is trading 13.9% up today after Q2 revenue beat and upbeat Q3 guidance

Snap is trading at $5.76 (13.89% up) following a Q2 revenue beat and an upbeat Q3 guidance that topped analyst estimates.

• The company reported Q2 revenue of $1.6 billion and reached 493 million daily active users, driving the post-earnings rally.
• Management's Q3 revenue forecast of $1.70 billion to $1.74 billion surpassed consensus, extending the positive reaction from the August 3 report into active trading on August 4.