Snap News - August 5, 2026

🔴 Snap is trading 10% down today as traders lock in profits after earnings rally

Snap is trading 10% down at $5.21 as traders lock in profits after a sharp, earnings-driven surge earlier this week. • The stock had jumped more than 20% over...

🔴 Snap is trading 4.5% down today as post-earnings rally cools on profit-taking

Snap is trading 4.5% down at $5.53 as the stock's sharp post-earnings rally cools amid profit-taking and overbought technical levels. • The company reported...