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Snap Inc. (SNAP) Faces Class Action Over Ad Platform, Investors Allege Misleading Statements According to Hagens Berman
Globenewswire· 2025-09-24 22:26
SAN FRANCISCO, Sept. 24, 2025 (GLOBE NEWSWIRE) -- A securities class action lawsuit has been filed against Snap Inc. (NYSE: SNAP) and certain senior executives, alleging the company provided a misleading view of its digital advertising platform and growth prospects. The lawsuit, filed on behalf of investors who purchased shares between April 29, 2025, and August 5, 2025, follows a sharp decline in the company's stock price after its second-quarter financial results. Video: https://youtu.be/0cFMfKT71ec Hagen ...
SNAP ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Snap, Inc. and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-24 21:14
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Snap (SNAP) To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Snap between April 29, 2025, to August 5, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Sept. 24, 2025 (GLOBE NEWSWIRE) -- What’s Happening: Bragar E ...
DEADLINE ALERT for PUBM, SNAP, NUTX, and AI: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
Globenewswire· 2025-09-24 16:14
Core Viewpoint - Class action lawsuits have been filed on behalf of shareholders of several publicly-traded companies, alleging that these companies made materially false and misleading statements regarding their business operations and prospects [1]. Group 1: PubMatic, Inc. (NASDAQ: PUBM) - The class period for PubMatic is from February 27, 2025, to August 11, 2025, with a lead plaintiff deadline of October 20, 2025 [2]. - Allegations include failure to disclose a significant shift of clients to a new platform by a top DSP buyer, resulting in reduced ad spend and revenue for PubMatic [2]. - Defendants' positive statements about the company's business were deemed materially misleading and lacked a reasonable basis [2]. Group 2: Snap Inc. (NYSE: SNAP) - The class period for Snap is from April 29, 2025, to August 5, 2025, with a lead plaintiff deadline of October 20, 2025 [3]. - The complaint alleges that Snap's optimistic reports on advertising growth were misleading, as they relied too heavily on the company's execution capabilities [3]. - Defendants failed to disclose significant execution errors and macroeconomic challenges, leading to materially misleading statements about the company's prospects [3]. Group 3: Nutex Health Inc. (NASDAQ: NUTX) - The class period for Nutex is from August 8, 2024, to August 14, 2025, with a lead plaintiff deadline of October 21, 2025 [4]. - Allegations include engaging in a scheme to defraud insurance companies, leading to unsustainable revenue claims [4]. - The company overstated its ability to remediate internal control weaknesses, resulting in improper accounting of stock-based compensation obligations [4]. Group 4: C3.ai, Inc. (NYSE: AI) - The class period for C3.ai is from February 26, 2025, to August 8, 2025, with a lead plaintiff deadline of October 21, 2025 [6]. - The complaint alleges that the company's optimistic growth reports were misleading, relying heavily on the CEO's health and effectiveness [6]. - Defendants failed to disclose that the CEO had not sufficiently recovered to fulfill his role, leading to materially misleading statements about the company's prospects [6].
沙特瓦利德王子增持1520万股Snap,持股比例达2.8%
Ge Long Hui A P P· 2025-09-23 02:16
格隆汇9月23日|沙特投资者瓦利德王子(Prince Alwaleed bin Talal Al Saud)增持社交媒体公司Snap 1520 万股股票,持股数增至4080万股,持股比例达2.8%。70岁的瓦利德王子在电邮中承认增持该股,但未 透露购买动机或成交价格,按上周五收市价计算,此次购入股份价值约1.2亿美元。 ...
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Snap Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SNAP
Globenewswire· 2025-09-22 23:57
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Snap Inc. securities between April 29, 2025, and August 5, 2025, of the upcoming lead plaintiff deadline on October 20, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Snap securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by October 20, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Background - The lawsuit alleges that Snap's management misled investors by presenting an overly optimistic view of the company's advertising revenue and growth potential while downplaying significant execution errors [5]. - The lawsuit claims that when the true situation regarding Snap's performance became known, investors suffered damages due to the misleading information provided during the Class Period [5].
JMP Securities Reaffirms ‘Market Perform’ Rating on Snap Inc. (SNAP)
Insider Monkey· 2025-09-22 22:29
Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgency to invest in AI technologies now [1][13] - The energy demands of AI technologies are highlighted, with data centers consuming as much energy as small cities, leading to concerns about power grid strain and rising electricity prices [2][3] Investment Opportunity - A specific company is presented as a unique investment opportunity, positioned to benefit from the increasing energy demands of AI, owning critical energy infrastructure assets [3][6][7] - This company is described as a "toll booth" operator in the AI energy boom, collecting fees from energy exports and poised to capitalize on the onshoring trend driven by tariffs [5][6] Financial Position - The company is noted for being debt-free and holding a significant cash reserve, equating to nearly one-third of its market capitalization, which positions it favorably compared to other energy firms burdened with debt [8][10] - It also has a substantial equity stake in another AI-related company, providing indirect exposure to multiple growth engines in the AI sector [9][10] Market Trends - The article discusses the broader trends of AI infrastructure supercycles, the onshoring boom, and a surge in U.S. LNG exports, indicating a favorable environment for the company's growth [14] - The influx of talent into the AI sector is expected to drive continuous innovation and advancements, reinforcing the potential for investment in AI-related companies [12] Conclusion - The narrative concludes with a strong call to action for investors to engage in the AI market, emphasizing the potential for significant returns within a 12 to 24-month timeframe [15][19]
Investors in Snap Inc. Should Contact Levi & Korsinsky Before October 20, 2025 to Discuss Your Rights – SNAP
Globenewswire· 2025-09-22 19:54
NEW YORK, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Snap Inc. ("Snap" or the "Company") (NYSE: SNAP) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Snap investors who were adversely affected by alleged securities fraud between April 29, 2025 and August 5, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/snap-inc-lawsuit-submission-form-2?prid=168 ...
SNAP Experiencing "Technical Burst" Amid TikTok Uncertainty
Youtube· 2025-09-22 19:00
Core Insights - Snap experienced a nearly 12% rally last week, attributed to uncertainty surrounding TikTok and product innovation [1] - The stock has seen significant volume increase, averaging over 200 million shares per day, which is double the three-month average [3] - Despite recent gains, Snap is still down approximately 15% over the past year and 65% over the last five years [4] Company Performance - Snap's market capitalization is around $15.5 billion, contributing to its movement in the market alongside other mid to small-cap stocks [6] - The company reported a nearly 9% increase in total sales last quarter [7] - Monthly active users exceed 930 million, with daily active users close to 470 million, indicating a substantial user base [8] Monetization Challenges - Snap has struggled to effectively monetize its platform, which has deterred advertisers compared to competitors like Facebook and Instagram [9] - The company may benefit from adopting technology elements similar to TikTok to enhance its advertising appeal [9][10] - Despite competition from TikTok for younger users, Snap's user numbers suggest potential value in its advertising strategy [10]
Snap Stock Goes Full Meme—Buyout Rumors Meet Retail's Roar
Benzinga· 2025-09-22 18:38
Group 1 - Snap, Inc. shares have increased by 14% over the past five days, driven by heavy trading volume and speculation surrounding buyout rumors and the TikTok deal [1][5][6] - The stock is trending on social media platforms, with significant speculation but limited concrete information [2] - A user on X noted that trading volume has reached record levels, suggesting that significant developments may be imminent [3] Group 2 - Snap is focusing on new AR Spectacles and Snap OS 2.0, which are seen as key innovations to capture the emerging augmented reality market [4] - The upcoming Spectacles are described as wearable computers with features like real-time AI translation and interactive gaming [4] - Snap OS 2.0 aims to enhance user experience with an intuitive interface and immersive AR capabilities [4] Group 3 - There are rumors of interest from major tech companies such as Google, Amazon, and Apple in acquiring Snap, recalling Meta's previous bid in 2013 [5] - The potential divestiture of TikTok is viewed as a double-edged sword for Snap, with possible gains in users and advertising revenue, but also risks from new competitors [6] Group 4 - Snap has a high short interest, estimated at 13.3% of outstanding shares, which could lead to a short squeeze if the stock continues to rise [7] - The current trading activity and stock price surge are attributed to a combination of TikTok deal hype, buyout rumors, optimism about new products, and meme-like momentum [8]
Stock Of The Day: Where Will The Snap Rally End?
Benzinga· 2025-09-22 18:38
Snap Inc. SNAP shares are trading higher on Monday. The stock is refilling a gap, and this means the move higher may continue.If it does, there is a good chance Snap finds resistance around $9.10. This is why it is the Stock of the Day.See what is going on with SNAP stock here.Sometimes, newer traders have difficulty picking a price target for their stocks. They often just guess instead of letting the market tell them where to place their sell orders.More experienced traders try to determine which price lev ...